The Edition


Brazil jobless rate hits record 14.4% in June-August: govt

30 October 2020, MVT 18:56
(FILES) In this file photo taken on June 11, 2019 unemployed people wait for their turn to get information on job opportunities at the Workers Service Department (CAT) in Sao Paulo, Brazil. - Unemployment rate increased in Brazil reaching a 14,4% in the June-August trimester, a record since the beginning of the historic series in 2012, informed the Brazilian Institute of Statistics (IBGE) on October 30, 2020. (Photo by NELSON ALMEIDA / AFP)
30 October 2020, MVT 18:56

Brazil's jobless rate hit a record 14.4 percent in the June to August period as the coronavirus pandemic pounded Latin America's largest economy, the government reported Friday.

This is the highest level of unemployment recorded in Brazil since the government started measuring joblessness by three-month periods in 2012.

For the May to July stretch it had reached 13.8 percent, which was also a record, the Brazilian Statistics Institute said.

It said that in June to August a record of nearly six million people simply gave up trying to find a job.

The pandemic has taken a crushing human toll in Brazil, killing more than 158,000 people.

It has also triggered a political fight between state governors who support lockdown measures to save lives and right-wing President Jair Bolsonaro, an ally of Donald Trump.

Like the US president, Bolsonaro regularly downplays the risk of the virus and favors keeping the economy open.

Rio de Janeiro, Brazil | AFP