March inflation in Brazil accelerated to its fastest rate since November 2008, driven by food, beverages and fuel prices. Consumer prices as measured by the IPCA-15 index rose 6.44% in the year through mid-April, the national statistics agency announced Wednesday in Rio do Janeiro.
An estimated 17 million people will suffer unemployment in Latin America well into 2012 according to latest estimates from the Economic Commission for Latin America and the Caribbean, ECLAC.
The number of unemployed in the UK has hit a 17-year high of more than 2.5 million and pushed the unemployment rate to 8%, official data showed Wednesday.
Unemployment across Chile grew 0.2% in the last quarter (Oct-Dec) to stand at 7.3% nationally. That equates to 22,000 extra people who are without an income from the end of last year.
The number of people out of a job Spain, which has the highest unemployment rate in the industrialized world, rose further in February reaching a 15 year high, the Labour ministry said Wednesday.
Argentina's unemployment rate fell to 7.3% in the fourth quarter of 2010, according to a Tuesday release from the country’s national statistics institute, Indec. Argentine President Cristina Fernandez de Kirchner had announced the number informally in a speech last week.
US Federal Reserve officials are increasingly confident of the economic recovery but remain unsatisfied with the healing of the job market, minutes of their January meeting released showed.
The US economic recovery still needs help from the Federal Reserve despite signs of improvement, the central bank's chairman Ben Bernanke said.
Chile’s Planning Minister Felipe Kast and Housing Minister Magdalena Matte met yesterday at Cerro Navia to announce the results of Chile’s Post Earthquake Survey (EPT). The survey’s aim was to measure the social impact of the February. 27, 2010, 8.8-magnitude earthquake on poverty, property, and psychological well-being in Chile.
Brazil’s booming economy registered record low unemployment in 2010 as a strengthening economy created jobs. The rate fell to a record low in 2010, as the country’s economy records the fastest growth since 1985.