Brazil Creates Over Half a Million New Jobs. A Record.

Brazzil Magazine covers

The level of formal employment, that is, jobs with signed working papers, grew 0.87% in April in comparison with April, 2005. This is considered the second best result for the month of April in the historical series compiled by the General Register of Employment and Unemployment (CAGED).

The figures for April were released yesterday (23) by the Ministry of Labor. Altogether, 229,803 new job posts were created.

The study found that employment rose in all sectors of activity, especially in industry and services. Manufacturing, such as food products, metallurgical goods, and textiles, added 78,481 job posts, the second biggest monthly increase on record for this sector.

Since 25,062 new jobs were created in March, the increment between the two months amounted to 53,419 jobs. April’s figure is close to the record set in April, 2005, when 79,495 new jobs were generated.

Since the beginning of the year, 569,506 new jobs have been added. This is considered the best result ever for the first four months of the year.

According to the Ministry of Labor, the increase reflects seasonal factors related to agribusiness, the positive effects of the trade balance, the lowering of interest rates, and measures taken to stimulate construction.

In the 12-month period starting in April, 2005, around 1.2 million jobs were created. The minister of Labor, Luiz Marinho, affirmed that this year’s goal is to generate 1.4 new job posts. Last year 1.2 million jobs were created.

Agência Brasil

Tags:

You May Also Like

Brazzil Magazine covers

Ecology Expert Pans Brazil for Building More Hydroelectrics

Washington Novaes, a Brazilian journalist who writes on environmental issues and has been a ...

Brazzil Magazine covers

Couromoda: Brazil’s Showcase for Shoes and Leather Goods

The fall/winter shoes collection of Brazil will be shown to shop owners in the ...

Brazzil Magazine covers

Brazil’s Lula Will Defend a Just Globalization at the G8 Summit

Brazilian President Luiz Inácio Lula da Silva embarks today for Gleneagles, Scotland, where he ...

Brazzil Magazine covers

Lesson Number 1: Brazil Is Not the US. Now, Relax and Enjoy If You Can!

I’ve learned a few things from spending time and doing business in Brazil, most ...

Brazzil Magazine covers

For the First Time Brazil Is Part of European Open Days

Geddel Vieira Lima, the Brazilian minister of National Integration, is participating in the event ...

Brazzil Magazine covers

Brazil Gets Cutting-Edge Wine Lab in Semi-Arid Region

The Brazilian Agricultural Research Corporation (Embrapa) for the Semi Arid region, in the city ...