RIO DE JANEIRO, BRAZIL - Unemployment dropped to 13.7% in June, the last month of the moving quarter begun in April. The percentage was reached after standing at 15.1% in March. The seasonally adjusted unemployment rate, which excludes the effects of seasonal variations from June's set of temporal data (13.8%), is the lowest since May 2020.
The numbers are part of the study released yesterday, September 27, in Rio de Janeiro, by the Institute for Applied Economic Research (IPEA).
It analyzed the recent labor market performance, based on the breakdown of the mobile quarters of the Brazilian . . .