Brazil Creates Over Half a Million New Jobs. A Record.

    The level of formal employment, that is, jobs with signed working papers, grew 0.87% in April in comparison with April, 2005. This is considered the second best result for the month of April in the historical series compiled by the General Register of Employment and Unemployment (CAGED).

    The figures for April were released yesterday (23) by the Ministry of Labor. Altogether, 229,803 new job posts were created.

    The study found that employment rose in all sectors of activity, especially in industry and services. Manufacturing, such as food products, metallurgical goods, and textiles, added 78,481 job posts, the second biggest monthly increase on record for this sector.

    Since 25,062 new jobs were created in March, the increment between the two months amounted to 53,419 jobs. April’s figure is close to the record set in April, 2005, when 79,495 new jobs were generated.

    Since the beginning of the year, 569,506 new jobs have been added. This is considered the best result ever for the first four months of the year.

    According to the Ministry of Labor, the increase reflects seasonal factors related to agribusiness, the positive effects of the trade balance, the lowering of interest rates, and measures taken to stimulate construction.

    In the 12-month period starting in April, 2005, around 1.2 million jobs were created. The minister of Labor, Luiz Marinho, affirmed that this year’s goal is to generate 1.4 new job posts. Last year 1.2 million jobs were created.

    Agência Brasil

    Tags:

    • Show Comments (2)

    • jimoer` i ke

      sir
      As long a Hugo Chavez keeps his greed out of it, it will work out.

    • Guest

      The problem is….
      …that no one can add the numbers provided in the article ! Nothing matches !

      And if someone just re-read what Lula promised not so long ago for 2006 :
      1.6 millions jobs, now it is 1.4 millions.

      He also promised 10 millions new jobs when he became president, but LESS than 50 % were created !

    Your email address will not be published.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

    The Best Pages of Our Lives

    Which are the best books produced by the Brazilian literature this century? A panel ...

    Brazil’s BRV: They Love Foreigners

    Differently from most Brazilian companies, which are born turned to the domestic market and ...

    2005: It’s Brazil Year in France

    Four hundred Brazilian cultural events will be presented during the Year of Brazil in ...

    Contrary to Experts Brazil’s Finance Minister Forecasts a Minimum 4% GDP Growth

    Guido Mantega, Brazil’s  Finance Minister is still maintaining his estimate of growth of between ...

    Brazil Hatches Primer on Risks of Being Recruited into Slave Labor

    Showing Brazilian workers the risks of being recruited to perform slave labor is the ...

    Driven by Hope

    It is the Landless Movement belief that the large landed estate (latifúndio) and the ...

    Brazil Wants Debt Relief from World for Investing in Education

    Immediately after the announcement of the UNESCO Index of Educational Development, ranking Brazil 72nd ...

    Dollars and euros

    Brazil Only Loses to Austria in Its Know-How to Attract Investment

    In the Global Investment Promotion Benchmarking, disclosed by the World Bank (IBRD), earlier this ...

    Petrobras Gets US$ 18 Bi to Explore Offshore Oil in Southeast Brazil

    Petrobras’s Master Plan for the Development of Natural Gas and Petroleum Production in the ...

    Interest-Rate Cut to 18.5% Boosts Brazil Market

    Latin American stocks were mixed, with Brazilian stocks posting robust gains on expectations of ...