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Unemployment in Brazil Increases in 1st Quarter of 2015

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The unemployment rate in Brazil during the first quarter of 2015 rose to 7.9 percent from the 6.5 percent registered during the fourth quarter of 2014, according to the IBGE (Brazilian Statistical Institute) through its quarterly National Household Survey (Continuous PNAD). The rate is the highest since the first quarter of 2013.

The survey released on Thursday morning, May 7th, showed that 56.2 percent of working age persons, or

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