Jobless in Brazil Grow to 2.3 Million: a 10.4% Unemployment Rate

Brazzil Magazine covers

The unemployment rate in the six largest Brazilian metropolitan areas was 10.4% in March, a rate viewed as stable in relation to February (10.1%), according to an announcement April 20 by the Brazilian Institute of Geography and Statistics (IBGE).

The total number of unemployed persons rose, however, from 2.232 million to 2.314 million.

For the first three months of 2006, the overall unemployment rate was 9.9%, the lowest since 2002, when the Monthly Employment Survey initiated its new historical series.

The IBGE also reported that the number of formal workers (with signed work papers) in the private sector grew 4.2% in comparison with March, 2005.

The average worker’s salary was estimated at US$ 473.72 (1,006.80 reais), 0.5% more than in February and 2.5% more than in March, 2005.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Saudis Looking for Opportunities and Investors in Brazil

Saudi Arabian General Investment Authority's (Sagia) president, Amr Al Dabbagh, will visit Brazil late ...

Brazzil Magazine covers

Brazil’s 14-Year Law Regulated to Protect What’s Left of Atlantic Forest

After more than a decade of wait and using the International Conference on Biofuels ...

Brazzil Magazine covers

25 de Março: Gathering the Stories of a Very Arab and Busy Street in Brazil

Registration for the film contest “The Arabs and 25th of March Street” (Os árabes ...

Brazzil Magazine covers

India-Brazil-South Africa: the US$ 1 Trillion Bumbling Gorilla

In the face of mounting pressures to develop an alternative option to globalization – ...

Brazzil Magazine covers

Brazil’s Chicken Exports Fall Due to Bird Flu

Chicken exports from Brazil totaled 1.04 million tons in the first five months of ...

Brazzil Magazine covers

Jordan Holds Brazil in the Reconstruction of Iraq Fair

The Brazil in the Reconstruction of Iraq fair, which ended Wednesday, September 14,in the ...