INTERNATIONAL Brazil: Job creation stalls

The Brazilian job market continued to create new jobs in October, but at a slower rate than the previous month, reports Bloomberg News.

The Brazilian job market continued to create new jobs in October, but at a slower rate than the previous month, reports Bloomberg News.

Government-registered jobs created in October totalled 126,143, compared with 209,078 the previous month, according to Labour Ministry figures.

This is lower than the 167,178 figure predicted by Bloomberg economists.

Having wavered around 10% for most of the previous decade, Brazil’s unemployment rate now stands at 6%, or 11.7m people.

For more on the recruitment industry in Brazil, see the upcoming issue of Recruiter magazine, 30 November.

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