Brazil’s Unemployment Rate Fell to Record 5.2% in November
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Brazil’s unemployment rate fell to its lowest on record in November, showing a resilience in Latin America’s biggest economy that may limit policymakers ability to enact further rate cuts. Interest-rate futures rose.
Unemployment fell to 5.2 percent last month, the agency said today. Economists expected an unemployment rate of 5.7 percent, according to the median estimate from 36 analysts surveyed by Bloomberg.