ZCZC
BCN-18
BRAZIL-ECONOMY-JOBS
Brazil creates over 841,000 jobs in 10 months
RIO DE JANEIRO, Nov. 22, 2019 (BSS/Xinhua) – Brazil created 841,589 jobs
from January to October, a 6.4-percent increase year-on-year, the Brazilian
Ministry of Economy said Thursday.
According to the ministry’s labor secretariat, the Brazilian economy
generated 70,852 jobs in October, the best figure for the month since 2016.
It is the seventh consecutive month in which hirings exceeded layoffs in
Brazil.
All eight sectors analyzed by the labor secretariat had positive job
growth over the first 10 months of 2019, with the sectors of services,
manufacturing and construction creating most employment opportunities.
In parallel with the increasing number of jobs, Brazil’s unemployment rate
in the three months to September declined by 0.2 percentage point to 11.8
percent, or 12.5 million, from the previous quarter. The rate for the first
quarter is 12.7 percent, according to the Brazilian Institute of Geography
and Statistics.
BSS/XINHUA/HR/1425