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Brazil Economic Watch: ”The labor market show resilience against countercyclical measures”

Publicada el lunes, 18 julio 2011

Brazil Economic Watch: ”The labor market show resilience against countercyclical measures”

The unemployment reached 6.2% in June -the lowest rate for the month- and real wages expanded 4.0%y/y. The robustness of labor markets leaves practically no room for a change in the tone of countercyclical policies.

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