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Brazil Gets 633,000 New Jobs in One Year

Brazilian government statistical bureau (IBGE) reports that over the last twelve months a total of 633,000 jobs have been created confirming the bureau’s projection of rising employment, which was made in March.

According to the IBGE, the number of employed persons remained stable from October to November of this year at 19.5 million.


However, that was an increase of 3.4% over November 2003 employment. Brazil’s workforce is 56.4% male, and 43.6% female, says the IBGE.


As for unemployment, it was up 0.1 percentage points in November, compared to October (10.6%, compared to 10.5%), which is statistically insignificant. Unemployment had fallen for two consecutive months (September and October).


Wages were also statistically stable between October and November (US$ 333 (900 reais) in October, and US$ 334 (904 reais) in November).


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December 22, Brazil’s President Luiz Inácio Lula da Silva announced more job-creating investments for the Northeast region as he inaugurated a Polyester Center in that region.


It is estimated that one million jobs will be created through investments totalling US$ 1.7 billion as a result of a partnership between Petrobras and the Italian group, Mossi & Ghisolfi, the world’s second biggest producer of resins.


The two firms are going to undertake three industrial projects. Two of them will be implanted in the city of Suape, state of Pernambuco.


The first is a PET (Polyethylene Terephthalate) factory, which will make plastic bottles for beverages. The construction of the factory, with an annual production capacity of 450,000 tons, will employ one thousand workers.


The second project is a polyester factory that will produce textiles, which will eventually create jobs for up to one million people. The construction of the factory will employ two thousand workers.


Mossi & Ghisolfi reports that it also intends to build a third factory to supply the other factories with raw material.


Translation: Allen Bennett
Agência Brasil

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