Brazil’s Unemployment Rate Remains at 9.4%

Brazzil Magazine covers

Brazil’s Ministry of Labor has just released its August employment survey which shows that 135,460 new jobs (registered jobs in the formal labor market) were created. That is up from 117,473 new jobs in July.

The survey found that jobs were created in services, commerce and construction, while they were lost in the agribusiness sector. From January to August, more than 1.2 million new jobs have been created.


Data released today by the IBGE (Instituto Brasileiro de Geografia e Estatí­stica – Brazilian Institute of Geography and Statistics) show that the unemployment rate in six metropolitans regions of Brazil has remained stable in August, at 9.4%. This rate has been the same since June.


The Lula administration, is search of good news, also announced that the government’s youth inclusion program (Programa Nacional de Inclusão de Jovens) (ProJovem) could double and reach as many as 400,000 youths next year. This information was given by the secretary general of the Presidency, Minister Luiz Dulci.


Projovem, says the government note, is an innovative project which works with youths between the ages of 18 and 24 who have only completed up to the fourth grade.


First, it allows them to complete their elementary schooling in a year. Second, at the same time, they get professional training for the job market. And finally, during this period they receive monthly assistance of slightly more than US$ 43 (100 reais).


“These youths are candidates for the government’s First Job program. But in order for them to get a first job they have to be able to dispute a place in the labor market. That is what we are doing – preparing them,” explained Dulci.


ABr

Tags:

You May Also Like

Brazzil Magazine covers

Brazil Cuts Interest Rates for 14th Time in a Row, to 12.75%

Brazil's Central Bank on Wednesday, March 7, cut the basic reference interest rate Selic ...

Brazzil Magazine covers

Brazilian Inflation Rises 3.59% This Year. Food Prices Down.

Brazil’s rate of inflation in August, as measured by the Broad Consumer Price Index ...

Brazzil Magazine covers

Mouth- watering Bit

OTHER BRAZILIAN FOODS By Habeeb Salloum The first time I entered a restaurant in ...

Brazzil Magazine covers

Brazil Gets Import Fever. Trade Balance Surplus Falls by 70%

Brazil's trade balance surplus – the difference between exports and imports – reached US$ ...

Brazzil Magazine covers

Many Brazilian Youngsters Refuse the Label of Politically Inactive

In Brazil, the younger generations are often criticized for keeping a distance from politics. ...

Brazzil Magazine covers

11 Days in New York with Brazil’s Best and Latest Screen Productions

A newly restored Eastmancolor print of Marcel Camus’s Orfeu Negro (Black Orpheus) and Breno ...