The consequences for the labor market and the increase in inequality due to the impact of the coronavirus they are still difficult to measure accurately, according to experts. According to estimates by Sergio Vale, chief economist at MB Associados, the unemployment rate will rise again in Brazil, possibly exceeding 13%, but the data will not be very reliable, because the research done by the Brazilian Institute of Geography and Statistics ( IBGE ) will be outdated due to limited resources and people for household research. Gustavo Arruda, chief economist at BNP Paribas for Brazil, acknowledges that unemployment may reach […]
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