Business

Brazilians still out of the formal workforce

unemployment line sao paulo brazil
Over 15,000 people lining up to apply for a job in São Paulo

When the clock struck seven on Tuesday morning, more than 15,000 people jostled for a spot in line to hand in their applications for a job vacancy in the center of São Paulo. Some had traveled for days and queued for over 24 hours looking for an employment opportunity. “I’m desperate,” said Bruno Gomes, a 42-year-old cook who said he would take any spot available. Such scenes have become common in Brazil, as unemployment rates refuse to go down.

According to the Brazilian Institute of Geography and Statistics (IBGE), the unemployment rate has risen for the...

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