Brazil Daily

Covid-19 sees unemployment skyrocket in record time

How the coronavirus is making Brazil’s unemployment jump. The attempt to recreate the Amazon Fund. And why support to Jair Bolsonaro is so resilient.

Unemployment: Coronavirus kills more jobs than past recessions

One day after the Economy Ministry released data on formal jobs, the Brazilian Institute of Geography and Statistics published new unemployment figures — including workers on the informal job market, a large chunk of the Brazilian workforce. The rate of Brazilians without a job has gone from 11.2 to 12.6 percent between January and April. According to Itaú Unibanco, Brazil’s biggest private bank, the unemployment rate would be around...

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