Agência Brasil*
Brasília – The unemployment rate in Brazil stood at 8.6% in March, as against the 8.7% rate recorded in February. The rate also decreased in comparison with the same month of last year (10.1%). The rate is the lowest for the month of March since 2002.
The data were surveyed in six regions of Brazil by the Monthly Employment Survey of the Brazilian Institute for Geography and Statistics (IBGE), disclosed today (24th).
According to the survey, the rate of employed persons in March decreased 0.6% over February, representing 122,000 people in the labour market. In comparison with March 2007, grew 3.5%, the equivalent of 713,000 job positions.
Real average income of employed persons in the period surveyed was 1,188.90 reals (US$ 717). The value is 0.6% lower than recorded in February 2008 and 2% higher than in March 2007.
*Translated by Gabriel Pomerancblum
