Brazilian authorities have announced nearly 197,000 new formal jobs had been created in the month of April, according to the General Cadastre for Employed and Unemployed (Caged), released Monday by the Labor Ministry.
Brazil revealed mixed economic reports: record trade surplus, slight drop in unemployment and a stable industrial output. The July trade surplus was US$6.298, according to government data. Exports totaled US$18.769 billion and imports US$12.471 billion. This follows a surplus of US$7.195 billion in June.
Brazil's use of installed industrial capacity fell for a second consecutive month in March, despite a continued recovery of industrial sales during the period, Brazil's National Confederation of Industries, CNI, announced.