Brazil’s Jobless Rate Hits a Record Low While the Selic Falls

Brazil · ECONOMY Key Facts —The number: Brazilian unemployment fell to 5.4 percent in the second quarter, the lowest second quarter since the series began in 2012. —Where it came from: 6.1 percent in the first quarter and 5.8 percent a year earlier. —Underutilisation: Down to 12.9 percent from 14.3 percent. —Rates: The Copom cut…