Brazil Flash: ”Tighter than expected labor market”
Published on Wednesday, December 21, 2011
Brazil Flash: ”Tighter than expected labor market”
Summary
The unemployment rate dropped from 5.8% in October to 5.2% in November, significantly less than markets expected (5.7%). The labor market dynamism in November helps to support the view that domestic activity will rebound in the end of 2011.
Geographies
- Geography Tags
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research
Documents and files
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