Weekly Report - 28 April 2016 (WR-16-16)

BRAZIL | Unemployment. According to the official statistics institute (Ibge), unemployment in the quarter ending in February 2016 increased to 10.2% or 10.4m people – up from 9.5% in the quarter ending in January 2016. The number of workers with official signed work contracts declined by 1.5%. Employment in the industrial sector was down by 5.9%. Average workers’ incomes fell from R$1,954.00 to R$1,934.00.