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7.8 million Brazilians out of work due to Covid-19

June 30, 2020. Summarized by summa-bot.

Nearly eight million people in Brazil have lost work due to the coronavirus pandemic, according to new figures released by the country's statistics agency Tuesday.

Sao Paulo (CNN)Nearly eight million people in Brazil have lost work due to the coronavirus pandemic, according to new figures released by the country's statistics agency Tuesday.

The Brazilian Institute of Geography and Statistics, IGBE, released its report for the trimester showing that a record 7. 8 million people lost work in country.

The institute put the figure of people who are still working in Brazil at the end of May at just 49. 5%. "For the first time in the historical survey series, the level of occupation was below 50%," IBGE said in a statement.

Brazil's minimum legal working age is 14.

The total number of Brazilians in the work force stands at 85. 9 million, an 8. 3% contraction from the same period past year.

And the unemployment rate in Latin America's largest economy rose to 12. 3% at the end of May, affecting 12. 7 million people, the highest level since the same three-month period in 2018.

The country has recorded more than 1. 3 million cases of the disease according to Johns Hopkins University, the second highest count in the world behind the US.

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