Brazil’s jobless rate drops to 7.9 pct in quarter through December

FILE PHOTO: Women look at job listings posted on a light pole in downtown Sao Paulo

RIO DE JANEIRO (Reuters) – Brazil’s jobless rate fell to 7.9 percent in the three months through December, statistics agency IBGE said on Tuesday, below market expectations.

The median forecast in a Reuters poll projected an unemployment rate of 8.0 percent.

(By Sao Paulo Newsroom; tel: +5511 56447500)

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