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Brazil’s Economic Paradox: Record Employment Collides with Record Consumer Debt Defaults

Brazil's unemployment rate hits a historic low of 5.3%, but a record 6.6% consumer credit default rate signals major fragility in household finances.

By Marcus Wright

Published
Brazil’s Economic Paradox: Record Employment Collides with Record Consumer Debt Defaults
Illustration — BRZ.news

Brazil's unemployment rate hits a historic low of 5.3%, but a record 6.6% consumer credit default rate signals major fragility in household finances.

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