Brazilian Industry Hired Less in 2005

Brazzil Magazine covers

Brazilian industry hired fewer workers in 2005 than in 2004, according to the Study of Industrial Employment and Salaries, released this Wednesday, February 15, by the Brazilian Institute of Geography and Statistics (IBGE).

According to the institute, the downward trend in industrial employment began in the final quarter of last year. Employment was off 0.7% during the period from October to December, 2005.

Employment grew in ten industrial sectors in 2005. The outstanding performers were the food and beverage sector (7.1%), transportation equipment (9.0%), and metal goods (4.6%).

Job losses were greatest in the shoe and leather goods sector (-11.7%), wood (-9.0%), and clothing (-3.6%).

The coordinator of the study, Isabela Nunes Pereira, explained that the slowdown in industrial employment reflects the sluggish pace of industrial production over the course of last year together with the high basis of comparison set in 2004, when industry grew 8.3%, considered an exceptional performance. Industrial production grew 3.1% in Brazil in 2005.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Rural Artisans Are Attraction at Brazilian Gift Fair

Among prominent names in national design and handicraft to exhibit at the 11th edition ...

Brazzil Magazine covers

US Cargill Invests US$ 69 Million in Brazilian Corn Processing Plant

Cargill, a United States-based agribusiness company, which owns operations in Brazil, is going to ...

Brazzil Magazine covers

The Greatest

  This article is in commemoration of Brazil’s 500th anniversary. (Brazil’s actual birthday date ...

Brazzil Magazine covers

Brazil Finds Out Principles for Responsible Investing

The United Nations Environment Program (UNEP) launched, Wednesday, May 10, in Rio, Brazil,  the ...

Brazzil Magazine covers

Elisete, the Brazilian Singing Bird from Israel

Her name is Elisete, she is a singer and songwriter. She was born in ...

Brazzil Magazine covers

US Group Calls for Immediate Debt Cancellation for LatAm Countries

Neil Watkins, National Coordinator of the Jubilee USA Network, a group that seeks debt ...