New data Unemployment Rate (Oct)
11/29/2024
actual 6.2, previous 6.4
The event is the release of the Unemployment Rate for Brazil in October. The actual unemployment rate reported was 6.2%, which was a decrease of 0.2% from the previous rate of 6.4%. This event is considered to have a medium impact on the market. The currency affected by this event is the Brazilian Real (BRL). The unemployment rate is an important economic indicator as it reflects the percentage of the labor force that is currently unemployed and actively seeking employment. In this case, the decrease in the unemployment rate could be seen as a positive sign for the Brazilian economy, indicating potential improvements in the job market.This is not investment advice. Remember to verify the information provided here.
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