RIO DE JANEIRO, BRAZIL - For the second year running, the unemployment rate in Brazil has dropped. In the quarter ended in December last year, the unemployment rate fell to 11 percent, totaling 11.6 million jobless people.
There was a reduction of 520,000 unemployed people in comparison to the same period last year, when the rate stood at 11.6 percent. The data are from the National Continuous Household Sample Survey (PNAD Continuous), released this Friday, January 31st, by the Brazilian Institute of Geography and Statistics (IBGE).
For the full year 2019, an average of 12.6 million people . . .