RIO DE JANEIRO, BRAZIL - The unemployment rate in Brazil stood at 12 percent in the quarter ending June 30, 2019, a reduction of 0.7 percentage points in relation to the previous quarter (January, February, and March), when the rate had stood at 12.7 percent.
There was also a drop in the under-use of labor resources. In the period ended this June, the under-use rate was 24.8 percent.
In the first quarter, this rate had reached 25 percent. Last year, in the quarter ending in June, the unemployment and under-use rates were 12.4 percent . . .