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Brazil creates 1,163,847 formal jobs in the last 12 months

In January of this year, 28,900 formal jobs were created in the country, corresponding to a growth of 0.07% over the previous month, according to data from the General Register of Employed and Unemployed Persons (CAGED), released on Friday (February 22) by the Ministry of Labor and Employment (MTE). 1,794,272 admissions and 1,765,372 dismissals were declared during the month, the highest figures for the period.

In the last 12 months, 1,163,847 jobs were created, corresponding to a 3.03% increase in employment. Taking the data from the Social Information Annual Report (RAIS) as a reference, covering those employed under the Consolidation of Labor Laws (CLT) as well as federal, state and municipal public servants and those in CAGED, 3,586,753 formal jobs were created.

Sectors – Six of the eight sectors of the economy demonstrated positive performance in January. With 43,370 new positions, the Processing Industry saw higher figures than in January 2012 (up 37,462), arising from the expansion of 11 of the 12 segments that it comprises, one of which registered a record and two of which registered the best results for the period.

Source: Ministry of Labor and Employment

26 February 2013