Low Jobless Rates Boost Brazil and Mexico, Baffle Central Banks

Brazil and Mexico are showing strong labor markets this quarter, surprising many. In Brazil, the jobless rate fell to 7.8% in August. Additionally, only 8.4 million people are now unemployed, the lowest since 2015. In Mexico, unemployment was a mere 3% in August. Experts predict job creation will continue to surge. “These economies are thriving,” […]

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