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

    Tags:

    • 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.

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    Brazil Blames US for Doha Negotiations Stalling

    Brazil's chief negotiator at the Doha Round of trade talks at the World Trade ...

    Brazil’s Ex Finance Minister Charged with Money-Laundering and Conspiracy

    Brazil’s former Finance Minister, Antônio Palocci, was indicted Thursday, April 27, for four crimes ...

    Brazil’s Food Co-op to Export 35% of Its Production

    The Middle East has been importing chicken from the Central Cooperative of Western Santa ...

    Italy Will Send Mission to Brazil in Search of Partnerships

    A mission from the Italian National Confederation of Industries will visit Brazil early in ...

    A EU Warning to Brazil and G20: Open Your Markets If You Want End to Subsidies

    No agreement can be reached in agriculture in the WTO (World Trade Organization) talks ...

    Brazil: Fun Around the Fire

    Festas juninas were brought to Brazil by Portuguese and Spanish settlers celebrating the harvest ...

    Press Too Cozy to Power in Brazil

    Brazil’s National Federation of Journalists is asking the government to forward to Congress a ...

    Brazil to Be Self-Sufficient in Oil by 2006

    The Financial Director of Petrobras, José Sérgio Gabrielle, estimated that the Brazilian state petroleum ...

    Candid chat with writer Rachel de Queiroz

    “I began to write very early. I wrote in secret because I was afraid ...

    IMF Pats Brazil on the Back

    "The International Monetary Fund has made it very clear that we were respecting and ...