Brazil Economic Watch: ”The labor market show resilience against countercyclical measures”
Published on Monday, July 18, 2011
Brazil Economic Watch: ”The labor market show resilience against countercyclical measures”
Summary
The unemployment reached 6.2% in June -the lowest rate for the month- and real wages expanded 4.0%y/y. The robustness of labor markets leaves practically no room for a change in the tone of countercyclical policies.
Geographies
- Geography Tags
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
- Consumption
- Real Estate
- Migration
- Banks
Authors
BBVA Research
BBVA Research