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Brazil unemployment rate falls to 13.9% in quarter through December

RIO DE JANEIRO, BRAZIL - Brazil’s unemployment rate ended last year at 13.9%, figures showed on Friday, February 26th, extending a recent dip as workers returning to the labor market found jobs, but the average jobless rate in 2020 was the highest since comparable records began in 2012.

That was down from 14.1% in the three months to November, in line with the median forecast in a Reuters poll of economists and slipping further from the record 14.6% in the three months to September.

Brazil’s unemployment rate ended 2019 at 11.0%.

The average unemployment rate . . .

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