Unemployment Rises to 7.5 Percent in Brazil

By Lisa Flueckiger, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL - Unemployment in Brazil has hit its highest level for the month of July since 2009 reaching 7.5 percent, according to the IBGE (Brazilian Statistics Bureau). And against trends from previous years, analysts expect the number to grow in the second half of the year, ending 2015 with between 8 and 8.5 percent of unemployed.

The number of unemployed in July 2015 increased by 56 percent when compared to . . .

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