UPDATE 1-Brazil’s Dec jobless rate falls to 6.8 pct

* Unemployment falls to 6.8 pct in December

* Matches record low set in December 2008

* Real wages slip from November, up versus year ago
(Recasts, adds tally of people with jobs, real wages)

SAO PAULO, Jan 28 (BestGrowthStock) – Unemployment in Brazil fell
in December, data showed on Thursday, matching the record low
set in December 2008.

Brazil’s jobless rate (BRUNR=ECI: ) slid to 6.8 percent in
December from 7.4 percent in November.

The unemployment rate was expected to fall to 6.6 percent,
according to the median forecast of 18 economists surveyed by
Reuters. The estimates ranged from 6.3 percent to 7.1 percent.

The data highlights the rebound in Latin America’s largest
economy, which is expected to grow 5 percent or more this

The number of Brazilians with jobs edged up 1 percent from
November to 21.8 million people. The figure grew 1.4 percent
over the year-ago period.

The tally of people who went unsuccessfully looking for
work moved down 7.1 percent in December from November to 1.6
million. The figure was stable from a year earlier.

Real wages, or salaries discounted for inflation, dipped
0.9 in December at 1,344.40 reais ($723.18) from 1,356.66 reais
in November.

But they inched up 0.7 percent from December of 2008,
underscoring the importance of household spending to a rebound
in Latin America’s largest economy, the IBGE, the country’s
statistics agency, said.

For the IBGE’s December jobless report, see:
($1=1.859 reais)

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(Reporting by Rodrigo Viga Gaier; writing by Luciana Lopez;
editing by Jeffrey Benkoe)

UPDATE 1-Brazil’s Dec jobless rate falls to 6.8 pct