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Unemployment rate in Brazil falls to lowest level since 2015

The Brazilian economy maintained the pace of job creation, reaching a positive balance of 278,639 formal jobs in August.

The unemployment rate fell to 8.9% in the June to August quarter. It dropped 0.9 percentage points from the previous quarter, in March, April, and May.

The index reached the lowest level since August 2015, when it recorded the same percentage.

The IBGE (Brazilian Institute of Geography and Statistics) released the result this Friday . . .

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