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Weekly Report - 02 April 2020 (WR-20-13)

TRACKING TRENDS

BRAZIL | Unemployment on the rise. Brazil’s national statistics institute (Ibge) released employment figures for the rolling quarter to February 2020 on 31 March. These show that the unemployment rate rose to 11.6% in December 2019-February 2020, up from the 11.2% rate recorded in the three months to January 2020. It is, however, a decrease on the 12.4% unemployment rate recorded over the same period last year. The unemployed population now totals 12.3m, up 4% on the previous three months, while the employed population has fallen 0.7% to 93.7m.

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