Unemployment in Brazil Hit 14.4 Percent in Quarter Ended in August

The number of unemployed reached 13.8 million, an increase of 8.5 percent over the preceding quarter. There are approximately 1.1 million more people looking for a job compared to the quarter that ended in May.

RIO DE JANEIRO, BRAZIL - The unemployment rate hit 14.4 percent in the quarter ended in August, up 1.6 percentage points over the quarter ended in May, when it recorded 12.9 percent. It is the highest rate registered since the National Continuous Household Sample Survey (Continuous PNAD) official records began in 2012.

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