In 2023, Brazil marked a milestone with more than 100 million people gainfully employed, a record since data collection began in 2012. This peak reflects the nation’s economic bounce back and successful strategies post-pandemic, according to IBGE data. By year’s end, the employment rate climbed to 57.6%, signaling a robust job market. Formal job contracts […]
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Paraná’s state unstoppable rise to Brazil’s top regions
Paraná has emerged as a key player in both domestic and global markets, making significant contributions to Brazil’s growth. With advancements in infrastructure, logistics, agriculture, energy, and education, Paraná boasts Brazil’s fourth-highest Gross Domestic Product (GDP) and tops the Basic Education Development Index (Ideb). Governor Ratinho Junior believes that Paraná’s success stems from strategic planning […]
Joblessness in Chile Reaches 11-Month High
Chile’s National Statistics Institute (INE) announced on Tuesday that the unemployment rate rose to 8.9%. This rate is up by 0.9 percentage points compared to the same period last year. Importantly, this marks the eleventh straight monthly increase. INE clarified the situation. The labor force grew by 3%, but only 2% of these people found […]
Global Central Banks Constrained by Steady U.S. Interest Rates
(Analysis) Jerome Powell, Chairman of the U.S. Federal Reserve, recently announced that U.S. interest rates might stay high for longer, complicating global monetary policy. Made on Tuesday, this announcement predicts delays in anticipated rate cuts due to ongoing high inflation. This change from Powell’s earlier statements has driven U.S. Treasury yields up and strengthened the […]