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

    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    Your email address will not be published.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

    Gathered in Brazil Indigenous People Complain Their Concerns Are Not Being Heard

    The International Indigenous Forum on Biodiversity (IIFB) fired criticism at the 8th Conference of ...

    Brazilian gas station

    Brazil Hikes Gas 10%, a First in Three Years

    Brazil's Finance Minister, Guido Mantega, has just announced a 10% hike in the price ...

    Rio-a-porter first edition

    First Edition of Rio-à-porter Brings Fashion to the Dock of Rio’s Port

    Rio de Janeiro’s first edition of the fashion and design industry salon, Rio-à-porter, held ...

    Acoustic Assurance

    Some have dismissed his initiative as just "the paranoia of the Brazilian left-wingers", but ...

    Cervantes Institute headquarters in Spain

    Five Million Brazilians Are Learning Spanish, Soon They’ll Be 41 Million

    Brazilians, over five million of them, are learning Spanish, according to the latest edition ...

    Abbott: Brazilian Copy of AIDS Drug Will Put Patients at Very High Risk

    A Statement from Abbott At Abbott, we are proud of our heritage and global ...

    Brazil's biodiesel

    Brazil’s B5 Biodiesel Test Starts Using Soy and Castor Bean

    This week, Brazilian government-controlled oil company Petrobras began testing its B5 Biodiesel, a conventional ...

    Brazilian Faucet Maker Wants to Expand Its Overseas Reach

    Company Docol, from the southern Brazilian state of Santa Catarina, one of the main ...

    Brazil to Overhaul Country’s 11 Main Ports

    Brazilian President Luiz Inácio Lula da Silva announced that the government will invest US$ ...