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Your email address will not be published.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

Brazil to Use Kyoto Protocol to Sell Pollution Credit

The Kyoto Protocol was signed eight years ago in Japan. The international treaty, aimed ...

Embraer 190 Declared Air Worthy by Brazil

Embraer, Brazilian aircraft manufacturer, received the certification from the Aerospace Technical Center (CTA), of ...

Laughing Stock

"Now we find out that all the recent American elections, done with the same ...

Brazilians Approve of Lula’s Continuing Interference in Government

Public opinion support by Brazilians of the president of Brazil, Dilma Rousseff, has climbed ...

GM and Renault Doing Well in Brazil. Car Industry Hits Record Sales

General Motors Brazil intends to create a second shift and to hire 44 new ...

With Bush Part 2, Nothing Changes Re: Brazil

The United States Ambassador to Brazil, John Danilovich, said today that with the reelection ...

Over Half of Brazil’s New Cars Run on Gas, Ethanol or a Mix of Both

Demand for ethanol made from sugar cane is booming in Brazil, where it is ...

Brazil: Mercosur and Egypt Dreaming of Free Trade

The Mercosur, the customs union between Brazil, Argentina, Paraguay and Uruguay, has already sent ...

Brazil Is a Prisoner of Now with No Consideration for Tomorrow

Much before the skies were preparing for the rain, the tragedies in Rio de ...