Brazil Oct. Jobless Rate Falls

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Thursday, Brazil's statistical office IBGE announced that the jobless rate stood at 7.5% in October, down from 7.7% in September. Economists expected the jobless rate to be 7.6%. A year ago, the jobless rate was 7.5%.

The number of unemployed totaled 1.8 million persons in October, while the number of employed persons amounted to 21.5 million.

Thursday, Brazil's statistical office IBGE announced that the jobless rate stood at 7.5% in October, down from 7.7% in September. Economists expected the jobless rate to be 7.6%. A year ago, the jobless rate was 7.5%. (Market News Provided by RTTNews)