US Economic News
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Brazil Unemployment Rate Declines In April

5/24/2012 8:24 AM ET

Brazil's unemployment rate decreased in April after hitting a nine-month high in March, data released by statistical office IBGE showed Thursday.

The unemployment rate decreased to 6 percent in April from 6.2 percent in march, which was the highest figure since June 2011. In April 2011, the jobless rate was 6.4 percent.

There were around 1.5 million unemployed persons in the country in April, which was almost unchanged from the previous month as well as April 2011.

Meanwhile, the number of persons in employment rose 1.8 percent year-on-year to around 22.7 million during April, data showed.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News