FOREX TradingCharts.com

Financial News: BRAZIL: Quarterly Jobless Rate Drops To The Second

BRAZIL: Quarterly Jobless Rate Drops To The Second Lowest Level In 2017

08/31/2017 - 19:10:00 (RTTNews)

(RTTNews) - Brazil's unemployment rate fell to 12.8% in the quarter between May and July, reaching the second lowest level of the year, according to the national statistics office. Analysts expected a higher jobless rate in the period at 13%.

The level of unemployment was lower than in the immediately previous quarter (13% between April and June). Compared to the quarter ended in April, when it was at 13.6%, the unemployment rate fell by 0.8 percentage point (pp). However, compared with the May to July 2016 quarter, there was a 1.2 pp increase.

The downward move in the level of unemployment started between February and April, after reaching the peak of 2017 (13.7%) in the first quarter of this year.

The unemployed population in Brazil totaled 13.3 million from May to July, representing a 5.1% decrease (721 thousand fewer people) compared to the quarter between February and April. When compared to the same quarter of 2016, however, there was a 12.5% increase.

The Brazilian working population totaled 90.7 million between May and July 2017, a 1.6% increase (1.4 million more people) from the quarter between February and April, but stable compared to the same period of 2016.

The total figure of workers with a formal contract in the private sector totaled 33.3 million, stable against the February-April quarter, but down 2.9% from a year earlier (minus 1 million people).

The Brazilian workers' average monthly real income was estimated at R$ 2,106 in the second quarter, stable against the previous period and also against the same period of 2016. The total average real income of the employed people in the last three months was estimated at R$ 186.1 billion, 1.3% higher than in the previous period and stable against the same quarter last year.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Belgium Consumer Confidence Improves In September (01 hr(s), 36 min(s), 03 sec(s) ago)
(RTTNews) - Belgium's consumer confidence strengthened in September after stagnating in the pr ...Full Story»

U.S. Import And Export Prices Climb More Than Expected (02 hr(s), 02 min(s), 03 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Tuesday showed increases in U.S. import a ...Full Story»

U.S. Housing Starts Unexpectedly Slide 0.8% In August (02 hr(s), 09 min(s), 03 sec(s) ago)
(RTTNews) - New residential construction in the U.S. unexpectedly decreased in the month of August ...Full Story»

Hungary's Central Bank Holds Base Rate, Trims Overnight Deposit Rate (02 hr(s), 22 min(s), 03 sec(s) ago)
(RTTNews) - Hungary's central bank left its key interest rate unchanged for a sixteenth straig ...Full Story»

U.S. Import And Export Prices Climb More Than Expected In August (02 hr(s), 36 min(s), 03 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Tuesday showed increases in U.S. import a ...Full Story»

U.S. Housing Starts Unexpectedly Drop 0.8% In August (02 hr(s), 41 min(s), 03 sec(s) ago)
(RTTNews) - New residential construction in the U.S. unexpectedly decreased in the month of August ...Full Story»

Poland Industrial Output Growth Tops Expectations; PPI Inflation Accelerates (03 hr(s), 0 min(s),03 sec(s) ago)
(RTTNews) - Poland's industrial production grew more than forecast in August and producer pric ...Full Story»

German ZEW Economic Confidence Strengthens In September (03 hr(s), 45 min(s), 03 sec(s) ago)
(RTTNews) - Germany's economic confidence strengthened for the first time in four months in Se ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Belgium Consumer Confidence Improves In September

09/19/2017 - 09:42 AM (RTTNews)
(RTTNews) - Belgium's consumer confidence strengthened in September after stagnating in the pr ...Full Story>>

U.S. Import And Export Prices Climb More Than Expected

09/19/2017 - 09:16 AM (RTTNews)
(RTTNews) - A report released by the Labor Department on Tuesday showed increases in U.S. import a ...Full Story>>

U.S. Housing Starts Unexpectedly Slide 0.8% In August

09/19/2017 - 09:09 AM (RTTNews)
(RTTNews) - New residential construction in the U.S. unexpectedly decreased in the month of August ...Full Story>>

Hungary's Central Bank Holds Base Rate, Trims Overnight Deposit Rate

09/19/2017 - 08:56 AM (RTTNews)
(RTTNews) - Hungary's central bank left its key interest rate unchanged for a sixteenth straig ...Full Story>>

U.S. Import And Export Prices Climb More Than Expected In August

09/19/2017 - 08:42 AM (RTTNews)
(RTTNews) - A report released by the Labor Department on Tuesday showed increases in U.S. import a ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.