We wrote early June on the Brazilian employment market which remained very resiliant to the crisis.
Today the June figures were release: the unemployment fell further down from 8,9% in May to 8,1% in June. This is the same as in May 2008, which was a record year for Brazil in terms of employment occupation.
If you put this figures in a historical perspective (see below chart) you see the strength of this performance.
The USA unemployment rate went up to 9,5% and the South African unemployment rate went up above 23%.
Tags: employment, unemployment
Welcome to the new normal | John Baeyens posted on September 27th, 2009 at 2:26 am
[...] schreef al over de werklosheidscijfers, de divergentie gaat verder: de VS werklosheidscijfers stijgen naar 9,7%, die van Brazilië zakken [...]
Brazil October Supermarket Sales Up 7.3% versus last year | Brazilian interests rates | Brazilian real estate posted on November 29th, 2009 at 4:03 pm
[...] Unemployment dropped in October to an all-time low of 7,5%, while average income rose 3,2% year-on-year to R$ 1.350 (770 USD) [...]