Brazil Has Best Month for Jobs in Six Years

    The creation of 229,757 formal economy, on-the-books, jobs in August was the best result since 1998. According to minister of Labor, Ricardo Berzoini, the ministry’s job registry (Cadastro Geral de Empregados e Desempregados) (Caged) showed that the increase was 0.94%, compared to July.

    Berzoini explained that more jobs were created because of easier credit resulting in more activity in basic sanitation and housing starts.

    During the period, the industrial sector added 72,000 jobs and services added 74,000. The farm sector, which had strong job performance in the first half, was basically stable.

    Berzoini declared that the Caged numbers were a surprise. “Many people in the government were concerned with jobless growth. What happened was the opposite.”


    “Employment has been rising faster than the GDP,” he explained, pointing out that for the year cumulative job growth is now at 466,000.

    The minister adds that more jobs means more revenue for the social security system (INSS) and the worker compulsory savings fund (FGTS).


    As the latter finances public works in housing, basic sanitation and urban infrastructure that translates into more benefits for the population. Finally, says the Minister, a stronger domestic economy means less dependence on exports.

    Agência Brasil
    Reporter:Lilian de Macedo
    Translator: Allen Bennett

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    • Show Comments (2)

    • Guest

      job plz
      i’m a gynaecologist from india looking at job options in brazil. ctc chetandeshpande_99@yahoo.com

    • Guest

      tim gallagher
      I was wondering if i moved to brazil would i be able to start working at a good job right away cause im from america and i want to get out of this country.

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