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
