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Brazil’s Paradox: Record Employment and Record Delinquency Hit Simultaneously

Brazil's economy sees an unprecedented low 5.3% unemployment rate while a record 83.9 million people are delinquent on debts, highlighting poor job quality and household credit stress.

By Marcus Wright

Published
Brazil’s Paradox: Record Employment and Record Delinquency Hit Simultaneously
Illustration — BRZ.news

Brazil's economy sees an unprecedented low 5.3% unemployment rate while a record 83.9 million people are delinquent on debts, highlighting poor job quality and household credit stress.

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