Unemployment in Brazil Reaches 11.8 Percent

Unemployment rises in latest trimester that ended in October, to 11.8%, up slightly from the previous trimester that ended in July, 11.6%.

By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL - On Tuesday, November 29th, the Brazilian Institute of Geography and Statistics (IBGE) released its latest national survey (PNAD), which showed that for the three-month period that ended in October, the unemployment rate reached 11.8 percent, a slight increase from the previous trimester that ended in July of 11.6 percent.

However, the latest trimester figures were significantly higher than the same three-month period in 2015 when unemployment topped 8 . . .

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