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Montevideo, November 21st 2024 - 23:21 UTC

Tag: Cimar Azeredo

  • Wednesday, October 31st 2018 - 08:43 UTC

    Brazil's unemployment down to 11.9% in the third quarter

    Despite six straight months of decline, there are still 12.5 million people seeking work in Brazil, which is coming off the worst recession in its history in 2015-2016

    Brazil's unemployment rate fell for the sixth straight month in September, according to government data released on Tuesday, two days after far-right congressman Jair Bolsonaro was elected president on a promise of sweeping change. The jobless rate -- measured in sliding three-month intervals -- was 11.9% for the period from July to September, down from 12.1% from June to August.