A Mixed Bag for Brazilian Job Market

    The index of new hires by firms in the São Paulo metropolitan area continued to grow in July, even though the pace was slower than during the three previous months. The employment level rose 0.4 percent, which represents an addition of 32 thousand people to the contingent of employed workers, who now total 8.127 million.

    In July the increase amounted to 1.3 percent (107 thousand new
    positions), while hiring in May rose 2 percent (157 thousand).

    service sector, which hired 73 thousand workers, was the only one to maintain
    the upward trend in job offers. The total number of workers employed in this
    sector increased from 4.234 million to 4.307 million.

    In the commercial sector, 35 thousand job positions were
    eliminated. In industry a thousand jobs were lost, but this is considered a
    stable figure, since there are still positions to be filled, according to the
    research coordinator of the Seade Foundation, Alexandre Loloian.

    data are drawn from a study released August 25 by the Inter-Union
    Department of Statistics and Socio-Economic Studies (Dieese) and the State
    System of Data Analysis Foundation (Seade).

    According to the technical director of the Dieese, Clemente
    Ganz Lúcio, even though the rate of increase in job offerings is less intense,
    the unemployment rate should continue to fall in coming months.

    He said that the economy usually heats up in the second half of
    the year. In July the unemployment rate was 18.5 percent, the lowest since
    December, 2002.

    The survey of employment and unemployment shows that 245
    thousand jobs were created in the past 12 months, surpassing the number of
    people, 156 thousand, who entered the job market.

    According to Ganz, for the economy to achieve sustained growth,
    with a high level of job creation and a strong reduction in the unemployment
    rate, it will be necessary to increase investments in production. These
    investments currently correspond to around 18 percent of the Gross Domestic
    Product (GDP).

    Agência Brasil
    Reporter: Marli Moreira

    Translator: David Silberstein


    • Show Comments (0)

    Your email address will not be published.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.


    You May Also Like

    Brazilian House of Representative votes for president Rousseff's impeachment

    Brazil President’s Mandate Is Now in the Hands of the Senate

    Brazil’s Chamber of Deputies approved the admissibility of President Dilma Rousseff’s impeachment request. With ...

    A Brazilian Water-Sports Brand Gets a Place Under Global Sun

    Mormaii, the main Brazilian neoprene surf clothes and water-sports brand, sells it products in ...

    Azul airline

    Brazil’s Azul Gets First Jet on Its Way to Become Greenest Airline

    Azul Linhas Aéreas Brasileiras has just received its first Embraer 195 jet manufactured by ...

    2007 Forecast: Brazil Will Grow 3.4% and Export Record US$ 150 Billion

    Driven by domestic consumption, the Brazilian economy should grow 3.4% in 2007. The growth ...

    Coca-Cola in Brazil

    Brazil’s Thirst for Coke Grows 8%, 2% Over Global Average

    Brazilians are drinking more Coke. The sales volume of Coca-Cola Brazil increased by 8% ...

    Children from a Diadema band

    Denying Education is the Other AIDS. And Brazil Is Guilty of Inflicting It

    Some sectors of the fight against AIDS have suggested that Thabo Mbeki, the former ...

    Monica's Gang: An Adventure in Time, a Brazilian movie for children

    Brazil’s Mônica Gang Joins Disney to Win the World

    In the gloom of the cinema, 200 children find their seats and enjoy free ...

    Counting US dollar

    Brazil: Dollar Inflow Falls Dramatically from US$ 85 Bi to US$ 5 Bi

    Brazil's flow of exchange (the sum of dollar inflow and outflow into Brazil) remained ...

    Slave Employer Fined US$ 1.2 Million in Brazil

    Brazil’s 2nd Labor Court of the city of Marabá (Pará state), in the Amazonian ...

    Brazil’s Power Trip: 43 Electricity Plants on Tap

    Brazil’s President Luiz Inácio Lula da Silva has announced that this year 11 new ...