Brazil’s split reality: Record low unemployment, record high debt
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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. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X : https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.news/AJEMobile #BrazilEconomy #HouseholdDebt #BrazilElections #Lula #Bolsonaro #CostOfLiving #HungerReduction #RioDeJaneiro #AlJazeeraEnglish
Tags: 130 a month, 15 grant increase, 26 million no longer hungry, 84 million in arrears, Brazil economy, Flávio Bolsonaro, Lula da Silva, Nexus BTG survey, October election, al Jazeera, al Jazeera English, al Jazeera live tv news English, aljazeera live, aljazeera live tv news English, bad or very bad, cost of living, credit card interest, hunger reduction, low wages, record household debt
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