Brazilian Unemployment Drops to 6.0%; Real Income Rises

Brazilian unemployment rate, calculated by the IBGE (Brazilian Statistics Institute), in the six main metropolitan regions was 6.0% in July, from 6.2% in June. The result was at the lower range of the range of estimates of analysts surveyed by AE Projections, ranging from 6.0% to 6.4% with a median of 6.2%.


The average real income of workers registered positive growth of 2.2% in July compared to June and increased 4.0% compared to July last year.