AGL 40.09 Increased By ▲ 0.09 (0.23%)
AIRLINK 127.10 Increased By ▲ 0.06 (0.05%)
BOP 6.60 Decreased By ▼ -0.07 (-1.05%)
CNERGY 4.47 Decreased By ▼ -0.04 (-0.89%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.65 Increased By ▲ 0.21 (0.51%)
DGKC 86.99 Increased By ▲ 0.14 (0.16%)
FCCL 32.15 Decreased By ▼ -0.13 (-0.4%)
FFBL 64.75 Decreased By ▼ -0.05 (-0.08%)
FFL 10.17 Decreased By ▼ -0.08 (-0.78%)
HUBC 109.40 Decreased By ▼ -0.17 (-0.16%)
HUMNL 14.66 Decreased By ▼ -0.02 (-0.14%)
KEL 5.12 Increased By ▲ 0.07 (1.39%)
KOSM 7.18 Decreased By ▼ -0.28 (-3.75%)
MLCF 41.30 Decreased By ▼ -0.08 (-0.19%)
NBP 59.95 Decreased By ▼ -0.46 (-0.76%)
OGDC 195.20 Increased By ▲ 5.10 (2.68%)
PAEL 28.15 Increased By ▲ 0.32 (1.15%)
PIBTL 7.78 Decreased By ▼ -0.05 (-0.64%)
PPL 151.37 Increased By ▲ 1.31 (0.87%)
PRL 26.44 Decreased By ▼ -0.44 (-1.64%)
PTC 16.00 Decreased By ▼ -0.07 (-0.44%)
SEARL 78.22 Decreased By ▼ -7.78 (-9.05%)
TELE 7.46 Decreased By ▼ -0.25 (-3.24%)
TOMCL 35.40 Decreased By ▼ -0.01 (-0.03%)
TPLP 8.18 Increased By ▲ 0.06 (0.74%)
TREET 16.00 Decreased By ▼ -0.41 (-2.5%)
TRG 52.65 Decreased By ▼ -0.64 (-1.2%)
UNITY 26.55 Increased By ▲ 0.39 (1.49%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 9,933 Increased By 49.4 (0.5%)
BR30 30,896 Increased By 295.7 (0.97%)
KSE100 93,877 Increased By 521.9 (0.56%)
KSE30 29,081 Increased By 150.4 (0.52%)

More than one-fifth of Brazilian workers are either unemployed, working part time or have given up finding a job, statistics agency IBGE said on Tuesday, reflecting the severity of the country's deepest recession in eight decades.
The IBGE said the so-called labor underutilization rate rose in the third quarter to 22.9 million people, or 21.2 percent of the workforce, from 18 percent a year earlier.
Brazil's two-year-long recession worsened in the third quarter, according to central bank data, despite expectations of a surge in business confidence following the recent ouster of President Dilma Rousseff, who was unpopular with investors.
Brazil's standard unemployment rate, which takes into account only the jobless looking for full-time work, rose to a record high of 11.8 percent in the third quarter, doubling from 2013, according to data issued by the IBGE last month.
The additional data released on Tuesday included the 12 million unemployed, 4.8 million part-time workers searching for work and 6.1 million jobless who gave up looking.

Copyright Reuters, 2016

Comments

Comments are closed.