Rio de Janeiro, March 28, 2024 (AFP)
Brazil's unemployment rate rose slightly between December and February, hitting 7.8 percent, the second consecutive rise after a period of decline, according to official figures published Thursday.
The Latin American giant had enjoyed nine consecutive drops in unemployment before the rate -- measured in rolling quarters -- crept up again between November and January to 7.6 percent.
However, the rate is lower than what it was at this time last year, when it stood at 8.6 percent.
Currently, 8.5 million people are unemployed in the nation of over 200 million people, according to the IBGE statistics agency.
Last year Brazil grew at 2.9 percent, slightly down from three percent growth in 2022.
On Wednesday, during an economic forum in Sao Paulo attended by French President Emmanuel Macron, Brazil's Economy Minister Fernando Haddad said growth forecasts for 2024 would be revised upwards from 2.2 percent to 2.5 percent.

Sumber : AFP