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Record Brazil unemployment calls for more rate cuts

By
Tuesday, January 31, 2017

The number of unemployed people in Brazil rose to 11.8mn last year from 8.6mn in 2015, according to data from statistics bureau IBGE. The average unemployment rate in 2016 was 11.5% compared to 8.5% the year before. The record-high level will help build the case for continued strong monetary e...

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This news article is one of hundreds published daily by Business News Americas about the commodities, markets, movements, companies, projects, economics and politics integral to the development of Latin America. Including news and insight from South America, Central America and the Caribbean, BNamericas includes insight and forecasts for business opportunities in Mexico. The business development service focuses on major projects, active companies, such as and business and sales contacts, providing networking opportunities with leading executives throughout Latin America.