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LatinNews Daily - 21 September 2020

In brief: Brazil’s unemployment rate hits new high in August

* Unemployment in Brazil reached its highest level yet during the coronavirus (Covid-19) pandemic in the fourth week of August, as 14.3% of the population (13.7m people) were seeking work, according to the most recent survey carried out by the national statistics institute (Ibge). This was up from 13.2% unemployment in the third week of August. The survey’s coordinator, Maria Lucia Vieira, said the most recent increase could be attributed to the loosening of restrictions imposed to stop the spread of Covid-19, allowing more people to seek work. “As social distancing measures are relaxed, [people] are returning to the job market in search of employment”, she said, before adding that this rise in unemployment could be also a delayed effect of earlier lockdown measures that masked the true scale of unemployment.

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