The increase in the number of citizens working, together with the decline in people looking for work in the third quarter of this year, contributed to the fall in the unemployment rate in Brazil.

According to data from the Brazilian Institute of Geography and Statistics (IBGE), the unemployment rate in the South American country stood at 7.7 %, its lowest level since the beginning of 2015.

The agency’s data, published this Tuesday, indicate: “Between July and September, unemployment fell 0.3 percentage points compared to the second quarter (April-June, 8 %) and one point compared to the same period in 2022.”

The coordinator of the IBGE, Adriana Beringuy, stressed: “The fall in the unemployment rate was induced by the expressive growth in the number of people working and by the retraction of people looking for work in the third quarter.”

In detail, it is indicated that the nation led by Luiz Inácio Lula da Silva counted 8.3 million citizens looking for work in the period from July to September, which is 3.8% less than in the previous quarter and 12.1 % less than in 2022.

The occupancy rate “reached 99.8 million, a record since measurements began in 2012, according to the IBGE. In the July-September period, 929,000 people joined the labor market, a quarterly advance of 0.9 %,” details the IBGE.

M.Pino

Source: swissinfo

(Reference image source: Sarah Elizabeth, Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Unemployment rate in Brazil continued to fall during the third quarter apareció primero en Bitfinance.

China’s Gross Domestic Product (GDP) registered a growth of 3.9 % in the third quarter compared to the same period of the previous year, as well as in relation to the second quarter of the year, according to data published by the National Bureau of Statistics (ONE).

In this way, the year-on-year rate of expansion of the world’s second-largest economy exceeded expectations, which pointed to growth of 3.3 %, after GDP expansion of 0.4 % in the second quarter of 2022 and 4 .8 % in the first three months of the year.

In the first nine months of 2022, China’s GDP reached a value of 87 trillion yuan, which represents a year-on-year growth of 3 %, against the target for the whole year of 5.5 %.

The International Monetary Fund (IMF) forecasts that China’s economy will expand by just 3.2 % in 2022, which would be the slowest rate since the 1980s, excluding 2.4 % in 2020, when the coronavirus pandemic Covid-19 weighed on growth.

The Chinese primary sector grew in the first nine months of 2022 at an annual rate of 4.2 %, while industry expanded by 3.9 % and the services sector by 2.3 %.

The National Bureau of Statistics of China announced last week the postponement of the publication of the Asian giant’s GDP figures for the third quarter of the year to coincide with the celebration of the XX National Congress of the Communist Party of China (PCCh).

K. Tovar

Click the link to subscribe for free to our news and media group on Telegram: https://t.me/G_ELSUMARIO_News

Source: Yahoo News

La entrada China’s GDP grew by 3.9 % apareció primero en Bitfinance.

The streaming audiovisual content production and distribution company Netflix recorded profits of 1,398 million dollars in the third quarter of 2022, which represents a decrease of 3.5% compared to the result of the same period of the previous year, while has beaten its forecasts for new subscribers by gaining 2.4 million and surpassing the mark of 223 million subscribers worldwide.

“After a challenging first semester, we believe that we are on the way to accelerate growth again,” the multinational highlighted in the presentation of its accounts, adding that in November it will launch its new plan with announcements in 12 countries.

Between July and September, Netflix added 2.41 million new subscribers, more than double what it had estimated it would achieve. In this way, the total number of subscribers of the company has reached 223.09 million, with an increase of 9.5 million compared to the same period of 2021.

Most of these new subscribers came from its international markets, mainly Asia and the Pacific. In the United States and Canada, the platform gained 110,000 new subscribers, for a total of 73.39 million; while in Europe, the Middle East and Africa, 560,000 people joined Netflix, reaching 73.53 million subscribers.

In Latin American countries, the firm recorded 39.94 million subscribers, which represents 320,000 new registrations in the quarter, while in Asia-Pacific it recorded 1.43 million new paying users, reaching 36.23 million.

The income obtained by Netflix in the third quarter was 7,926 million dollars, 5.9% more than in the same period of the previous year.

In the whole of the first nine months of 2022, Netflix’s net profit was 4,436.6 million dollars, which represents a decrease of 1.6% compared to the same interval of 2021, after raising its turnover by 8 %. , up to 23,763.5 million dollars.

K. Tovar

Click the link to subscribe for free to our news and media group on Telegram: https://t.me/G_ELSUMARIO_News

Source: Forbes

La entrada Netflix subscribers are growing apareció primero en Bitfinance.