Brasília – Brazil has met its target of creating 2.5 million jobs in November, according to the General Records Office for Employment and Unemployment (Caged). Last month, 138,247 new jobs were created. Thus, from January until November, 2.54 million jobs were created. The figures were disclosed today (16th) by the minister of Labour and Employment, Carlos Lupi, at a press conference.
A total of 1.57 million people were hired, whereas 1.43 million lost their jobs last month. In October, 204,804 formal jobs were created.
Even though the result in November was positive, it was lower than in November 2009, when 246,695 jobs were created. Lupi stated that two factors influenced the number of people hired this month. One was the off-crop season and the other was the exchange rate. “The depreciation of the dollar slowed down domestic production and the hiring of new personnel," he explained.
The sector in which the highest number of jobs was created was trade (131,336), followed by services (79,173). The state in which the highest number of jobs was created was Rio de Janeiro (31,965) and the region was the Southeast (52,114).
*Translated by Gabriel Pomerancblum
