São Paulo unemployment falls

26/07/2004 - 13h10

São Paulo - The unemployment rate in the metropolitan region of São Paulo was 19.1% in June, compared to 19.7% in May, according to the latest survey by the state statistical bureau (Fundação Seade (Sistema Estadual de Analise de Dados)) and the union-linked economic study department (Departamento Intersindical de Estatísticas e Estudos Sócio-Econômicos (Dieese)).

The survey shows that 107,000 jobs were created. Wages rose 3.2% in June, compared to May, following a four-month long downturn. The average monthly wage in São Paulo is now US$316 (R$975).

Agência Brasil
Reporter: Pedro Malavolta
Translator: Allen Bennett
07/27/2004