Brazil Unemployment, Wages Fall in April

By Ben Tavener, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Unemployment in April fell for the first time since December 2011 to six percent, a record low for the month, figures recently released by the Brazilian Institute of Geography and Statistics (IBGE) have revealed. The rate of joblessness in Brazil fell from 6.2 percent in March 2012; the figure for last year in April 2011 was 6.4 percent. Yet at the same time wages also fell for the . . .

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