Job Creation in Brazil Down Sharply in July: Daily

By Chesney Hearst, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Data released by the Brazilian Labor Department on Thursday, August 21st, showed that job creation during the month of July decreased 71.5 percent compared to the amount of jobs created in July 2013. Those numbers marked the sharpest monthly decrease recorded since July 1999 and were due mostly to layoffs within the manufacturing sector.

To gather the data, the General Register of Employed and Unemployed (CAGED) studied eight economic sectors in the states of Rio Janiero, São Paulo, Roraima, Bahia, Sergipe, Espírito Santo, Santa Catarina, Pernambuco, Minas . . .

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