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Civil Construction Job Creation in Brazil has Further Dropped This Year

By Richard Mann, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Civil construction, one of the economy's main drivers and still employing millions of people, has lost steam since the beginning of the year.

The sector expected its GDP to grow 2 percent in 2019. Now, the estimate is 0.5 to 1 percent. The projected number of jobs created in the year also dropped from 100,000 to 25,000.

It was the sector's twentieth consecutive drop in activity, according to data from IBGE (Brazilian Institute of Geography and Statistics).

In the last five years, construction GDP has already . . .

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