Back

LatinNews Daily - 31 July 2017

In brief: Brazil

* The national statistics institute (Ibge) has reported that the national unemployment rate fell to 13% in April-June this year. During that period, 13.5m people were unemployed. This is down from the 13.3% national unemployment rate registered in March-May when 14.2m people were jobless. In a statement, Finance Minister Henrique Meirelles said that he expected unemployment levels to continue falling as domestic economic activity picks up again in the second half of 2017. “Falling inflation levels should increase domestic spending. This will help consumption increase and will fuel more investment, meaning businesses hire more people”, Meirelles said.

End of preview - This article contains approximately 99 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.