Over 11,000 Stores Close in Rio de Janeiro State Last Year
Retail sales fell by 6.6 percent in 2016, in the worst year in the state since 2003, with almost 12,000...
February 8, 2017Topic
Unemployment
Caixa Bank Aims to Reduce Workforce by 10,000 Employees
The president of Caixa Econômica Federal, Gilberto Occhi, announced that the process of joining the bank's employee Voluntary Dismissal Plan...
February 7, 2017
Brazil Registers 12 Million Unemployed, Up by 36 Percent
Brazil closed 2016 with the highest rate since the country entered, in 2014, into one of the worst recessions of...
January 31, 2017
Unemployment in Brazil Reaches 11.9 Percent, Highest Since 2012
The unemployment rate in November reached 11.9 percent, the highest since 2012, affecting more than 12.1 million workers.
December 30, 2016
Unemployment in Brazil Reaches 11.8 Percent
Unemployment rises in latest trimester that ended in October, to 11.8%, up slightly from the previous trimester that ended in...
November 30, 2016
Brazilians Struggle with Checking Accounts and Unemployment
Last month Brazilians wrote more than 1.2 million checks that were returned for insufficient funds and over 74,000 job positions...
November 25, 2016
Commercial Real Estate in Rio’s Zona Sul Feels the Crisis
Recent statistics show over two thousand store closures throughout Rio’s Zona Sul with many shop owners lowering rental asking prices...
October 11, 2016
Brazil’s Unemployment Rate Reaches 11.8 Percent in August
Despite the 12 million unemployed, government officials say sustainable economic recovery in 2017 will help reduce the rate.
October 3, 2016
Brazil’s Industrial Sector Has Optimistic Outlook for Future
But while survey shows positive outlook for production in the next six months a further increase of unemployment in the...
September 23, 2016