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 […]
Related Posts
December’s Downturn: Brazil’s PMI Slips for Fourth Month
On Tuesday, S&P Global reported that Brazil’s Manufacturing PMI decreased to 48.4 in December. This score means the sector is shrinking. A score below 50 shows this. For four months, the score has been under 50. Factory orders fell again in December. This drop was the biggest since June. Less demand caused this. Also, global […]

Honduran police break up 176 criminal gangs in 2023
According to Security Secretary Gustavo Sanchez, the police forces have successfully dismantled 176 criminal gangs this year. These operations were carried out under the partial state of exception declared on December 6. As a result, the Police Directorate of Maras and Gangs against Organized Crime arrested 1,273 individuals. The arrested individuals are primarily charged with […]
Petrobras Proposes Regular and Extraordinary Dividends for Q4 2023
Petrobras (PETR4) on Thursday outlined plans to issue regular and extraordinary dividends for the final quarter of 2023. The board’s endorsement of this proposal precedes a shareholder vote scheduled for April 25. The oil corporation aims to disburse R$ 14.2 billion ($2.87 billion) in dividends as part of a remuneration policy that commits to distributing […]