RIO DE JANEIRO, BRAZIL - Led by the services sector, which has recovered from the effects of the coronavirus pandemic and created 120,294 new jobs alone, new jobs are being created in all sectors.
Brazil added a net 277,018 formal jobs in May, according to figures released by the Labor Ministry on Tuesday, above market expectations.
Economists polled by Reuters had predicted the creation of 192,750 jobs per month.
According to the ministry, the average monthly wage for newly created jobs rose 0.94 percent in May from April to 1,898 reais (US$363.59).
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