RIO DE JANEIRO, BRAZIL - The unemployment rate reached 11.6% in the quarter through November, from 12.1% in the quarter through October and 14.4% in the year-to-date, the Brazilian Institute of Geography and Statistics (IBGE) said Friday.
The number of employed rose to 94.9 million in the 3 months through November from 94 million in the 3 months through October, while the number of people seeking employment fell to 12.4 million from 12.9 million during the same period.
Brazil's unemployment rate typically declines in the final months of the year, as retailers . . .
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