September has Largest Job Creation Since 2013 in Brazil

The last time job creation had exceeded this level in Brazil had been September 2013, when new jobs had surpassed layoffs by 211,068.

By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Benefiting from strong numbers in the services and industry segments, the creation of jobs with formal contracts reached the highest level for the month of September in five years.

According to data released by the General Register of Employees and Unemployed (CAGED), of the Ministry of Labor, 137,336 formal work posts were created last month. The indicator measures the difference between new jobs and layoffs.

The last time job . . .

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