Brazilian unemployment statistically stable at 11.6% in the Aug/Oct quarter

Jan 20, 2020

Brazil's unemployment rate fell to 11.6% in the quarter ending in October, from 11.8% in the quarter ending in July, the country's Institute of Geography and Statistics (IBGE) announced. The rate also fell slightly, compared with the same period of 2018 when it was at 11.7%.

IBGE said in its report that the country's unemployment rate “remained statistically stable.”

The stats agency said the unemployed population amounted to 12.4 million people in the quarter ending in October, while the employed population reached 94.1 million people, achieving a […]

The post about “Brazilian unemployment statistically stable at 11.6% in the Aug/Oct quarter” appeared first in Merco Press website.

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