WORLD Brazil jobless rate dips from record in August-October

WORLD

Brazil jobless rate dips from record in August-October

AFP

20:30, December 29, 2020

Brazil's jobless rate has fallen slightly to 14.3 percent after setting three straight record highs because of the coronavirus pandemic, the government said Tuesday.

Unemployed people look for job opportunities at a governmental workers service department (CAT) in Sao Paulo, Brazil, on June 11, 2019. (Photo: AFP)

That figure for the August-October period in Latin America's largest economy is down 0.3 percentage points from the previous stretch.

Brazil measures its jobless figures in rolling periods of three months.

The decline ended a run of nine straight increases in the unemployment rate here.

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