RSS   Newsletter   Contact   Advertise with us

Brazil posts best October job numbers since 2013

Staff Writer | November 21, 2017
Brazil created 76,599 more jobs in October, marking the seventh month of growth in a row and the best result for the month since 2013, the government announced.
Brazil October job numbers
LatAm   Brazil created 76,599 more jobs in October
According to data from the Ministry of Labor and Employment, 1,187,819 jobs were filled while 1,111,220 people lost their positions in October. A total of 302,189 jobs were created in 2017.

"These are numbers that give us increased certainty that the measures taken by the government have put Brazil back on the track of economic growth," said Labor Minister Ronaldo Nogueira.

The trade sector saw the biggest gain with 37,321 jobs, alongside services which added 15,915 jobs, while the sectors of civil construction, agriculture, mineral extraction and public administration all saw their numbers dip.

These numbers are in line with the slight recovery of the Brazilian economy this year, after two years of severe recession, the first successive dips since 1930.

In September, unemployment dropped to 12.4 percent, down from a record high of 13.7 percent in March.

Despite this, the government's reforms, especially in labor and social security, have proven increasingly unpopular with the Brazilian public.


 

MORE INSIDE POST