Brazil's unemployment rate rises to 10.2pc in Dec-Feb

20 Apr, 2016

RIO DE JANEIRO: Brazil's national unemployment rate rose to 10.2 percent in the three months through February, statistics agency IBGE said on Wednesday, slightly above market expectations in a Reuters poll.

The median forecast of 16 economists surveyed by Reuters projected the unemployment rate at 10.1 percent. Brazil's jobless rate has risen sharply from 6.5 percent at end-2014 as the country entered its worst recession in decades.

Copyright Reuters, 2016

Read Comments