Brazil’s August Job Recovery Best in Nine Years, Minister Guedes Says Country ‘Back on Track’

Paulo Guedes took part in a press conference to explain the results of the August CAGED (General Register of Employed and Unemployed), which recorded the net opening of 249,388 formal positions.

RIO DE JANEIRO, BRAZIL - The opening of formal jobs at its best level for the month of August since 2010 is an indication that the Brazilian economy is "back on track" after the worst stage of the Covid-19 pandemic. So says the Minister of Economy, Subscribe to our Premium Membership Plan. Already Subscribed?