Number of employed people reached record in Brazil
Unemployment in Brazil fell to 8.3 per cent in the three months ending in October, 0.8 percentage points lower than the previous three months and 3.8 percentage points lower than the same period last year, the Brazilian Institute of Geography and Statistics said Wednesday, 30 November.
According to the state-run institute, there were 9 million registered unemployed people in October, the lowest for the three months ending in October since 2014 and the lowest level of unemployed registered this year.
Meanwhile, the employed population reached 99.7 million, a record high since the data began to be tracked in 2012, and an increase of 1 per cent compared to the previous three months and 6.1 per cent year-on-year.
The average monthly wage in Brazil grew by 2.9 per cent compared to the previous three-month period and by 4.7 per cent year-on-year to reach 2,754 reals (531 dollars), as reported by Xinhua News Agency, a partner of TV BRICS.Photo: IStock