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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Brazil registered an unemployment rate of 4.7 percent last month, the lowest rate for the month of October since the start of the series, in March of 2002, according to the IBGE (Brazilian Institute of Geography and Statistics).

October’s results were 0.2 percent lower than that registered in September, when the unemployment rate was of 4.9 percent and 0.5 percent smaller than in October of 2013, when the rate was of 5.2 percent.

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