Brazilian unemployment insurance claims fell 18.7% in August

New unemployment insurance claims in Brazil fell sharply in August. New claims totaled 463,835 in August, economy ministry figures showed, down 18.7% from the month before and down 18.2% from August last year. This marks the third consecutive monthly fall in new claims since the record of nearly 1 million in May, although the total 4.99 million claims in the first eight months of this year is still up 7.5% on the same period a year ago, the ministry said.

Source: Reuters