Brazil: Sí£o Paulo Industry Cuts 45,000 Jobs

The level of industrial employment in São Paulo, Brazil, declined 2.16% in December, 2005, compared with December, 2004. According to a study by the Federation of Industries of the State of São Paulo (FIESP), 45,818 jobs were lost.

Over the course of the year, however, 48,419 jobs were created, a gain of 2.4%. The biggest increase (0.81%) occurred in July, when 16,871 new jobs were created. November was the only month besides December in which the job level declined (-0.36%), as 7,664 jobs were eliminated..

The industrial sectors that fired the highest percentages of workers in 2005 were fertilizer inputs (-5.98%) and footwear (-5.52%).

The ones that hired the highest percentages were marble and granite (5.77%), beverages (2.50%), balanced animal rations (2.15%), and watches (0.64%).

According to the study, December, 2005, was the worst month of December in the last five years. December, 2003, was a close second, with the hiring rate falling 2.14%.

The best result was obtained in December, 2004, when job offers exceeded dismissals by 7.45%, for a balance of 144,487 new job posts filled.

Agência Brasil

Tags:

You May Also Like

Brazil Rebuffs Amnesty and Says It’s on the Right Path

The national secretary of Public Safety in the Ministry of Justice, Luiz Fernando Corrêa, ...

Brazil’s Truth Commission Wants Armed Forces to Tell Truth About Torture

Brazil’s National Truth Commission (CNV) wants the Army, Air Force and Navy commands to ...

Brazil: Sí£o Paulo Cattle Free of Foot and Mouth Disease, Say Authorities

The 2069 head of cattle in the state of São Paulo from regions close ...