Brazil News

Comments about the latest news from Brazil. Unusual stories or mainstream items.

Thursday, August 24, 2006

Unemployment rates slightly up

The monthly Brazilian Statistics and Geography Institute (IBGE) poll on unemployment revealed a slight increase from June to July. According to the institute, 10.7% of people seeking work in Brazil's 6 major cities were unemployed in July, against 10.4% in June. It's the highest unemployment rate since April of 2005, when it reached 10.8%. The study also showed a 0.7% decrease in income levels, in comparison to June.

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