74% of Jobs Created in Brazil in January Came from Small Companies

Small companyIn Brazil, micro and small companies were responsible for 74% of the 181,419 new official jobs created in January. The result is equivalent to growth 0.55% over the stock of jobs created in the previous month and exceeds the figure for January 2008 by 27%.

According to an analysis by the Sebrae (Brazilian Service of Support to Micro and Small Enterprises), companies that employ up to four people answered to 57.1% (103,590) of the new posts. Companies that employ between 5 and 19 people answered to 2.8% of the balance.

The percentage referring to small companies, which employ 20 to 99 workers, was 14.1%. The participation of medium and large companies was, respectively, 18% and 8% of the total.

The figures are in the General Records Office for Employment and Unemployment (Caged), published monthly by the Ministry of Labor and whose results help the government’s decision making process.

To the manager of the strategic management unit at the Sebrae, Raissa Rossiter, the net figure of jobs generated in January is a positive effect of the country’s return to growth.

According to her, this fact has been boosting companies of all sizes. “The return to dynamism in large companies, for example, triggers demand for goods and services from micro and small companies,” he said.

ABr

Tags:

You May Also Like

Lula Vows that Accelerate, Grow and Include Will Shape Second Term

Brazilian President Luiz Inácio Lula da Silva was sworn in yesterday, January 1st, for ...

Over 200 Domestic and Foreign Companies Expected at Brazil’s Santos Offshore Fair

Discoveries by Brazilian state-controlled oil multinational Petrobras of new fields in the pre-salt layer ...

Bulls Stampede in Brazilian Market: Stocks Jump 13.42%

After five days of steep decline the Brazilian market went into extremely high gear, ...

Brazil’s Lula Praises South America Integration Fast Pace

Brazilian President Luiz Inácio Lula da Silva, speaking at the closing ceremony of the ...

Brazil’s Central Bank Bets on 4% GDP Growth and 4.3% Inflation

Brazil’s Central Bank (BC) estimates that inflation will amount to around 4.30% in 2006. ...

70% of Brazilian Nitro Quí­mica’s Production Go Overseas

Sales of nitrocellulose by company Nitro QuÀ­mica, a subsidiary of Votorantim Group, to the ...

Aviation Expert Blames Authorities for Brazil’s Worst Air Accident Ever

Less than one year after the collision on September 29, 2006, of a Boeing ...

Foreigners Don’t Pay Capital Gain Taxes on Brazil’s Bonds Anymore

Latin American stocks advanced, with Brazilian shares getting a boost from some encouraging earnings ...

Brazil Cheers IMF Approval of Brazilian Pilot Plan

The International Monetary Fund (IMF) authorized a Brazilian pilot project that will allow the ...

Brazil’s Hip Accessories Maker Chilli Beans Gets a Shot in Hollywood

Chilli Beans, Brazilian brand of accessories like dark glasses and watches, is looking for ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`