Unemployment rate falls to 11% at end-2019

Brazil unemployment rate fell to 11% in the quarter ended in December last year, totalling 11.6 million people out of work, according to the National Continuous Survey of Household Samples (PNAD Contínua), published today by the Brazilian Institute of Geography and Statistics (IBGE). Compared to the same period last year, there was a reduction of 520 thousand unemployed people, when the rate was 11.6%. The increase in informality was the main driver of the recovery.

Source: Veja