BRASIL : Real Hits 3-Year Low Vs USD; Maids Getting Scarce And Expensive.

http://www.bloomberg.com/news/2012-11-21/brazil-record-low-unemployment-creating-scarcity-of-maids.html

     Brasil's real hit a 3-year low today...2.095 per $usd...after President Rousseff reaffirmed that she thought it was 'overvalued.'

     There is also a growing domestic labor shortage...as continuing record low unemployment...and new work opportunities in the impoverished NE...shrink the labor pool for nannies, maids and cooks among the poorly educated...and poor.
     A proposed new law will only increase the cost of domestic help.

    TO READ: Rousseff and the weakening real; 2.10 a certainty...but is 2.25 real on the horizon...as inflation nears 5.39%?
http://www.reuters.com/article/2012/11/21/us-brazil-economy-currency-idUSBRE8AK16R20121121