Brazil unemployment drops under 10% ...Middle East

RIO DE JANEIRO: Unemployment in Brazil, Latin America’s biggest economy, fell below 10 percent for the first time since January 2016 for the three months of March to May, the government statistics institute said Thursday.The rate of 9.8 percent was 1.4 percentage points lower than for the three preceding months, the IBGE agency said.The figure, which bested analyst expectations, was sharply lower than the 14.7 percent recorded for the same quarter a year earlier, when the coronavirus pandemic ravaged the country of 213 million people.“With the improvement in the pandemic context, with the advancement of vaccination and the relaxation of social distancing measures, in-person services -- which

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Brazil unemployment drops under 10% ...Middle East

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