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RIO DE JANEIRO, BRAZIL - Brazil's net unemployment rate dropped to 11.8 percent in the quarter that ended this past August. The index is lower than the 12.1 percent of the same period last year and the 12.3 percent of the quarter ending in May of this year.

The data is from the National Household Sample Survey (PNAD), released today, September 27th, by the Brazilian Institute of . . .

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