Job creation in Brazil down, but unemployment still at record lows

Thursday, June 26th 2014 - 04:53 UTC

Full article 4 comments

Brazil's economy added a net 58,836 payroll jobs in May, the Labor Ministry said, which is the worst figure for May since 1992. Brazil added 105,000 jobs in April. Read full article

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GeoffWard2
How do these percentages account for the millions and millions ... and millions ... of Brasilians who pay no taxes but work for their daily wages in the black economy?
Jun 26th, 2014 - 09:39 am - Link - Report abuse 0
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ChrisR
I see The Liar Mantega is lying again.
Jun 26th, 2014 - 03:39 pm - Link - Report abuse 0
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ljordao
The unemployment rate is actually higher than 40%: http://www.istoe.com.br/colunas-e-blogs/colunista/35_RICARDO+AMORIM. Mantega is a filthy liar.
Jun 27th, 2014 - 03:38 am - Link - Report abuse 0
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Jack Bauer
”The (unemployment) “rate is measured anywhere between 5% and 7%, depending on the index”......Sure it is....and I believe the moon is made of green cheese.
If the government conted the 15 million families sponging off the 'bolsa familia', plus the millions that have given up looking for a job, the real figure would be at least double, more like 15%....but as the majority of the people are easily fooled into believing the government propaganda, and aren't interested in the truth, that's the way the cookie crumbles.
Jun 28th, 2014 - 02:20 pm - Link - Report abuse 0
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