Brazil Generates 408,000 Formal Jobs in First Half of the Year

This is the highest figure in five years. In June alone, 48,436 positions with formal employment contracts were filled. Data are from the General Register of Employees and Unemployed.

RIO DE JANEIRO, BRAZIL - The Brazilian economy generated 408,500 formal jobs with employment contracts in the first half of this year, according to figures from the General Register of Employees and Unemployed (CAGED) released on Thursday, July 25th, by the Ministry of Economy.

The balance is the difference between hiring and dismissals. In the first six months of the year, the country recorded 8,221,237 hires and 7,812,737 terminations.

According to the government, this is the best result for the period since 2014. Over the same period last year, for instance, 392,461 formal positions with . . .

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