Brazil Created a Record 2.52 Million New Jobs in 2010
Figures in Brazil show that 2.52 million new jobs were created last year, the Brazilian Labour Ministry reported.
The number surpassed the 1.61 million formal jobs the nation generated in 2007, which was the previous high until now, and contrasts with the 990,000 formal jobs created in 2009 when the country was still suffering the effects of the global economic crisis. This is the highest increase since the statistic began in 1992.
In the last two months of 2010, however, the number of layoffs was greater than the number of hirings and only created some 100,000 net new formal jobs, defined as positions with complete labour and social benefits.
The vigorous expansion of employment is attributed to the solid growth of the Brazilian economy in 2010, estimated at 7.3 percent, following the contraction of 0.6 percent in 2009.
While economists estimated that Brazil was going to end the year with 2.2 million new jobs, the Labour Ministry released a figure significantly higher.
Labour Minister Carlos Lupi said that with December’s results included, 15.04 million new formal jobs were generated in the country during the eight-year presidency of Luiz Inacio Lula da Silva, who left office January 1.
The minister said that with the Brazilian economy forecast to keep up its good performance, Brazil is likely to create close to 3 million new jobs in 2011, the first year of the Dilma Rousseff government.
The increase in formal jobs in 2010 helped reduce the official unemployment rate to 5.7 percent last month, the lowest figure for December in the last eight years. (EFE)
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The rednecks in Amerikkastan always bleat how “ the south will rise again”.
They just didn't know how far south !
Pura Vida !
7%+ more jobs in the election year, following -0.6% jobs in the (more typical previous non-election year.
More money flowing through low-employment sectors of mineral ore mining and agro-business.
More jobs created in (highly-pensioned) government jobs ; many fewer *Brasilian* jobs in the non-governmental advanced-manufacturing sector.
Some movement out of the black economy into registered jobs, in spite of the 100% overheads employers pay on each registered job.
But what is the real increase in people earning a living? .... Hard to say with such a huge part of the potential workforce employed in the 'unregistered sector'.
oglobo.globo.com/economia/miriam/posts/2011/01/13/emprego-na-industria-cresce-acima-da-media-em-8-locais-356344.asp
Lupi is 'talking up' the economy. The link you provided does not much support your assertion about the predominance of manufacture.
Miriam Leitão is a rather good commentator on matters economic but you could have found a more appropriate reference - for instance one that compares domestic and export driven new employment.
You may be using second-hand argument - which is understandable if you are not living in Brasil at the moment, or you may be talking up the economy yourself - however, I know the difficulty of contracting a building/construction team at the moment, so one part of the economy is thriving!
You could try comparing the % increase in 'government' & ONG jobs to the % increase in industrial manufacture. It is my belief that the machine-of-government is grossly over-staffed and grossly under-efficient (except when it comes to taxing the population, where it is highly efficient).
You may be right overall, but your assertions need some evidence. Check out my comments @ 5 and see if they hold up.
We can take my points one at a time, if you like, and see where the truth lays.
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