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Brazil’s Labor Market Loses Over 1.5 Million Posts in 2015

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Due to the economic recession Brazil lost over 1.5 million formal job positions in 2015, according to the country’s Labor Ministry, registering the worst result in thirty years. The government, however, is trying to reform labor laws to create opportunities, says Labor Minister, Ronaldo Nogueira.

“We have around twenty million (Brazilian workers) who have no work address to work. Brazilians who are out on the streets of their cities seeking an opportunity to work and do not find this opportunity. We need to create jobs with income, either . . .

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