Brazil ended the third quarter of this year with an unemployment rate of 11.8 percent, representing 12 million jobless workers, the Brazilian Census Bureau (IBGE) said Thursday. Unemployment in the second quarter was 11.3 percent, or 11.6 million jobless. Unemployment in the third quarter of 2015 was only 8.9 percent, or nine million without work. Unemployment has risen in Brazil on the heels of a two-year recession. Manufacturing is the hardest hit segment, followed by services. Economists are hopeful Brazil’s economy will begin a recovery early in 2017, with unemployment easing in the second half of the year.
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