City
Epaper

Brazil unemployment rate drops to lowest in Oct

By IANS | Updated: December 1, 2022 10:30 IST

Brasilia, Dec 1 Unemployment in Brazil fell to 8.3 per cent in the three months ending in October, ...

Open in App

Brasilia, Dec 1 Unemployment in Brazil fell to 8.3 per cent in the three months ending in October, 0.8 percentage points lower than the previous three months and 3.8 percentage points lower than the same period last year.

The state-run Institute of Geography and Statistics said on Wednesday that there were 9 million registered unemployed people in October, the lowest for the three months ending in October since 2014 and the lowest level of unemployed registered this year, reports Xinhua news agency.

Meanwhile, the employed population reached 99.7 million, a record high since the data began to be tracked in 2012, and an increase of 1 per cent compared to the previous three months and 6.1 per cent year-on-year.

The average monthly wage in Brazil grew by 2.9 per cent compared to the previous three-month period and by 4.7 per cent year-on-year to reach 2,754 reals ($531).

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Brazilian Institute of Geography and StatisticsBrazilXinhuaBrasiliaBrazilian parliament
Open in App

Related Stories

InternationalBrazil Govt Official Kills Children Before Dying by Suicide After Seeing Wife Kissing Another Man; Video of Betrayal Goes Viral

InternationalSouth Korean Rocket Blast: Massive Explosion After Hanbit-Nano Rocket Fails During Launch at Alcantara Space Center in Brazil

InternationalBrazil: At Least 5 Killed, Over 130 Injured After Tornado Hits Rio Bonito do Iguaçu in Paraná

International‘This Might Hit You Hard’: NATO Chief Mark Rutte's Warning to India, China, and Brazil Over Russia Ties Amid Ukraine War

InternationalPM Modi Conferred With Brazil’s Highest Civilian Honour by President Lula (Watch Video)

Politics Realted Stories

Politics"PM Modi, Amit Shah are silent": Abhishek Banerjee on Pak Minister's 'Kolkata strike' threat

Politics"Will not be scared by hooliganism of TMC": BJP candidate Indranil Khan

PoliticsTelangana CM Revanth Reddy performs Bhoomi Pooja for Basara temple expansion

Politics"Mamata Banerjee just wants votes and nothing else": BJP candidate Rekha Patra

PoliticsHimanta Biswa Sarma, his wife continue to counter Congress over its allegations; FIR lodged with Assam Police