Brazilians Got 1.1 Million New Jobs Last Year, 350,000 Less than in 2008

Brazilian workerBrazil’s Minister of Labor, Carlos Lupi, presented some preliminary numbers on employment in 2009 at a news conference in Brasília. He will present the official numbers later this month.

According to Lupi, as everyone knows, Brazil got sucked into the international  financial crisis later than most countries, managed to avoid the worst consequences of the crisis and then escaped earlier than most countries.

Employment numbers for 2009 and 2008 present a picture of what happened. Although an estimated 1.1 million new jobs were created in 2009, which is certainly good news in light of what has happened in many other places, Lupi pointed out that that was 350,000 fewer new jobs than in 2008.

Brazil was not completely unscathed by the crisis, in other words. Even so, the minister pointed out, the numbers are confounding all the pessimists.

Lupi also pointed out that it is normal for a sharp reduction of jobs to occur at the end of December, after the holiday season. He said the December negative employment average was 300,000.

But, last year the crisis did raise its ugly head in Brazil and the number of jobs lost at the end of December 2008 reached 650,000. “That was atypical,” said the minister. “This year we expect things to get back to normal. Losses should be between 200,000 and 300,000.”

According to Lupi, Brazil’s labor market is strong because the country has inflation under control, purchasing power has risen with increases in the minimum wage and domestic demand continues high. He said expectations are that 2010 will be better.

Construction was one of the hardest hit sectors in 2008, but recovered in 2009 and should expand vigorously in 2010, he predicts. “The outlook for 2010 is positive. We should create two million jobs,” declared the minister.

ABr

Tags:

Ads

You May Also Like

Campaign for a Wider UN that Would Favor Brazil Threatens to Split UN

The president of the U.N. General Assembly has circulated the first draft of a ...

Brazil’s Embraer Looks 20 Years into the Future and Sees Blue Skies

Brazilian aircraft maker Embraer presented its 20-year forecast of the world demand for 30- ...

Another Step from Brazil Away from Gas Dependence on Neighbors

Brazil's first Liquefied Natural Gas (LNG) regasification plant was inaugurated this Wednesday, August 20. ...

How Brazil Is Trying to Prevent Bird Flu

Brazil’s federal government is preparing a preventive action plan to ward off possible threats ...

Brazil Has 15% of the World’s Children Working in Mines: 146,000

A study by the International Labor Organization (ILO) reveals that one million children and ...

Three Weeks After It Started Federal Servants’ Strike in Brazil Continues to Expand

In Brazil, a strike that has already stopped classes in 51 federal institutions of ...

Brazil Uses Foreign Reserves to Pay IMF US$ 5 Billion in Advance

Brazil’s Central Bank (BC) has announced that it will anticipate a payment of part ...

Stirring Up Heat

Located in the northwest of Brazil, Roraima, which was upgraded from territory to state ...

Brazil: ‘No Nuclear Material Is Being Diverted’

Brazil’s Minister of Defense, José Viegas, declared today that the Brazilian government is offering ...

Marking Time

Yes, there are prosperous and even rich Brazilian blacks. And they are not just ...