Brazil Adds 1.7 Million Formal Jobs in 2024, Economy Shows Strong Recovery

Brazil’s formal job market has shown remarkable growth, creating 1,726,489 new positions in the first eight months of 2024. The unemployment rate reached 6.6% in the three months ending in August, slightly below market consensus. It also marks the lowest rate since the quarter ending in December 2014. In August alone, Brazil created 232,513 new […]

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