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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (8635)	9/30/1998 11:05:00 AM
From: Steve Fancy	Read Replies (4) \| Respond to of 22640

Brazil jobless rate falls to 7.8 pct in August Reuters, Wednesday, September 30, 1998 at 10:46 RIO DE JANEIRO, Sept 30 (Reuters) - Brazilian unemployment fell to 7.8 percent in August from 8.02 percent in July, according to figures published Wednesday by the National Statistics Institute (IBGE). The IBGE research measures the economically active population in Brazil's six major metropolitan regions. August's jobless rate was up compared to the same month in 1997, when the rate stood at 5.95 percent, the IBGE said. The number of people working continued to grow in the sectors of construction of public works and infrastructure and services, while it followed a downward trend in manufacturing and trade, it said. The rate of unemployment by sector was 8.99 percent in manufacturing, 9.47 percent in public works construction, 8.10 percent in trade, and 6.21 percent in services. Copyright 1998, Reuters News Service