Brazil’s Unemployment Rate Falls

By Felicia Bryson, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Figures released on Thursday reveal that Brazil's unemployment rate has been cut almost in half since 2003. The survey conducted by the Brazilian Institute of Geography and Statistics (IBGE), a governmental institution, showed that in contrast to last year's January rate, unemployment has decreased by 1.1 percent, which translates into 15.6 percent less Brazilians out of work.

Out of the six largest metropolitan cities, Rio de Janeiro had the second lowest unemployment rate with 5.1 percent. Bahía had the highest rate at 10.7 percent . . .

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