Silvio's Feed
Aug 22, 2014

Insight: Brazil’s slump hits job market as election approaches

SAO PAULO/BRASILIA (Reuters) – Many of Brazil’s biggest retailers, homebuilders and carmakers are cutting jobs as Latin America’s largest economy teeters on the edge of recession, a fresh blow to President Dilma Rousseff’s re-election bid.

For years, low unemployment was key to Brazil’s emergence as an economic power and important gains in the fight against poverty.

Aug 22, 2014

Brazil’s slump hits job market as election approaches

SAO PAULO/BRASILIA, Aug 22 (Reuters) – Many of Brazil’s
biggest retailers, homebuilders and carmakers are cutting jobs
as Latin America’s largest economy teeters on the edge of
recession, a fresh blow to President Dilma Rousseff’s
re-election bid.

For years, low unemployment was key to Brazil’s emergence as
an economic power and important gains in the fight against
poverty.

Aug 21, 2014

Brazil’s July job growth weakest for the month since 1999

BRASILIA, Aug 21 (Reuters) – Job creation in Brazil slowed
in July to its weakest pace for the month since 1999, another
sign Latin America’s biggest economy might have slipped into
recession during a tightly-contested presidential race.

Brazil’s economy created only 11,796 jobs in July, Labor
Ministry data showed on Thursday, in line with
market expectations in a Reuters poll.

Aug 15, 2014
Aug 15, 2014

Brazil’s economy slows sharply in June, adds to recession signs

BRASILIA, Aug 15 (Reuters) – Economic activity in Brazil
dropped sharply in June as the World Cup soccer tournament shut
down shops and factories across the country, adding to signs
Latin America’s largest economy slipped into recession.

The Brazilian central bank’s IBC-Br economic activity index
fell 1.48 percent in June from May in seasonally
adjusted terms, the bank said on Friday. It was the fifth
monthly decline in a row and the worst since May 2013.

Aug 14, 2014
Aug 13, 2014
Aug 8, 2014
Aug 7, 2014
Aug 7, 2014
    • About Silvio

      "Silvio Cascione is a Reuters economics correspondent in Brasilia, covering through market polls and economic data the sharp slowdown of Brazil's economy over the past few years. He also leads polling across Latin America on several issues such as regional growth prospects, inflation, and foreign exchange rates."
      Joined Reuters:
      2007
      Languages:
      Portuguese, English, Spanish
    • More from Silvio

    • Follow Silvio