IANS | 01 Dec, 2022
Unemployment in Brazil fell to 8.3 per cent in the three months ending
in October, 0.8 percentage points lower than the previous three months
and 3.8 percentage points lower than the same period last year.
The
state-run Institute of Geography and Statistics said on Wednesday that
there were 9 million registered unemployed people in October, the lowest
for the three months ending in October since 2014 and the lowest level
of unemployed registered this year, reports Xinhua news agency.
Meanwhile,
the employed population reached 99.7 million, a record high since the
data began to be tracked in 2012, and an increase of 1 per cent compared
to the previous three months and 6.1 per cent year-on-year.
The
average monthly wage in Brazil grew by 2.9 per cent compared to the
previous three-month period and by 4.7 per cent year-on-year to reach
2,754 reals ($531).
