Split reality of Brazil: Record low unemployment, record high debt
Oct 1, 2026 #BrazilEconomy #HouseholdDebt #BrazilElections
Brazil’s economic indicators look positive: unemployment at 5.6%, growth at 2.3%,
Oct 1, 2026 #BrazilEconomy #HouseholdDebt #BrazilElections
Brazil’s economic indicators look positive: unemployment at 5.6%, growth at 2.3%, and inflation slowing to 4.2%. But behind those numbers, a record 84 million Brazilians are behind on debt, mostly on credit cards with astronomical interest rates. Families borrow just to get through the month, turning economic pain into a key election issue.
Al Jazeera's Monica Yanakiew reports from Rio de Janeiro.
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