brazil’s unemployment rate falls for first time since 2014
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Brazil’s unemployment rate falls for first time since 2014

Arab Today, arab today

Arab Today, arab today Brazil’s unemployment rate falls for first time since 2014

Residents of Rio Formoso municipality
Rio De Janeiro - Arab Today

Brazil’s sickly economy got an unexpected glimmer of good news on Wednesday with unemployment figures showing a slight dip to 13.6 percent rather than yet another record rise.
It was the first fall in unemployment figures since 2014 and came amid expectations that Latin America’s biggest economy is finally emerging from its worst recession in history.
The IBGE state statistics office said that 14 million people were out of work in the February-April period, or 13.6 percent of the workforce. While still a huge number, the announcement at least put a stop to what had been a relentless series of increases.
With the previous rate at 13.7 percent, with 14.2 million unemployed, economists had been bracing for another hike to 13.9 percent, according to a forecast from Gradual Investimentos.
The marginally better situation will boost President Michel Temer’s attempt to stay in office despite a raging corruption scandal.
The conservative leader faces multiple calls for his resignation and a probe in the Supreme Court that could see him stripped of office over charges of obstructing justice and corruption.
Temer is attempting to rally political support, saying that his program of restoring fiscal responsibility to Brazil and implementing austerity measures is helping to end a two-year recession — the deepest in the country’s history.
On Thursday, gross domestic product (GDP) figures are due out and analysts expect them to show the economy is finally growing again, after eight consecutive quarters of shrinkage.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

brazil’s unemployment rate falls for first time since 2014 brazil’s unemployment rate falls for first time since 2014

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

brazil’s unemployment rate falls for first time since 2014 brazil’s unemployment rate falls for first time since 2014

 



GMT 12:47 2016 Thursday ,01 September

'La La Land' musical masterpiece dazzles Venice film fest

GMT 12:42 2017 Monday ,20 February

Dalia al-Behairy begins 'Yawmiyat Zoga Mafrosa'

GMT 19:01 2017 Wednesday ,30 August

Oil prices down as US reels from Harvey

GMT 04:19 2017 Monday ,08 May

National forces attack mercenaries in Taiz

GMT 19:21 2017 Sunday ,07 May

Iranian Film Week opens in Baghdad

GMT 21:33 2017 Sunday ,30 July

Arab Quartet meeting kicks off in Bahrain

GMT 17:17 2016 Friday ,07 October

Aleppo bleeds as US and Russia spar

GMT 12:03 2015 Monday ,21 December

Nepal protester killed in constitutional crisis clash

GMT 09:47 2016 Thursday ,22 December

Trump vows to cut F-35 spending, as leaked memo

GMT 21:44 2017 Friday ,15 December

King establishes Hawar Development Committee

GMT 20:57 2017 Tuesday ,16 May

Naval Forces rescue 23 tourists in Hurghada

GMT 12:56 2017 Monday ,11 December

Lyon leave it late, Balotelli with Nice winner

GMT 06:18 2017 Thursday ,19 October

Russian delegation meets with Julphar chairman

GMT 21:20 2017 Monday ,23 October

Nasr, delegation of London Stock Exchange

GMT 14:40 2012 Saturday ,10 March

Magdy Al-Galad steps down

GMT 09:47 2017 Sunday ,12 March

Cat Camp in New York attracts cat lovers

GMT 14:57 2016 Friday ,09 September

Madonna, Ritchie settle child custody dispute

GMT 23:52 2017 Monday ,18 September

UAE economic growth boosting logistics sector
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday