Brazil’s Unemployment Rate Trends Lower as Economy Holds Up

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Brazil’s Unemployment Rate Trends Lower as Economy Holds Up
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Brazil’s unemployment rate fell more than expected in the three months through June even as Latin America’s biggest economy faces headwinds including double-digit borrowing costs.

Brazil’s unemployment rate fell more than expected in the three months through June even as Latin America’sGovernment data released Friday showed the

national unemployment rate declined to 8% from afrom analysts surveyed by Bloomberg. Some 8.6 million people were out of work, the national statistics agency said.

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