Brazilian unemployment is down
Brazil’s unemployment level was at its lowest in six years last month, it has been reported.
The unemployment rate in the Latin American country stood at 8.6 per cent in March showing a fall of 0.1 per cent from the previous month, according to Acencia Brasil.
Unemployment had fallen one and a half per cent since the same month last year when it was at 10.1 per cent.
Those considering buying property in Brazil could be pleased to hear the news that the nation’s unemployment level is at its lowest in years as it shows that the South American country is prospering.
Higher employment figures could also mean that more people are looking to rent property in Brazil.
The statistics were released in the monthly employment survey compiled by the Brazilian Institute for Geography and Statistics yesterday (April 24th).
Brazil’s economy is booming and the country’s annual tourism rate is growing at 7.2 per cent.
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