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Formal Job Creation in November Reaches Highest Level Since 2010

RIO DE JANEIRO, BRAZIL - Benefiting from trade and services, the creation of jobs with a signed worker's registry reached its eighth consecutive month of growth in November.

According to data released by the General Registry of Employees and Unemployed (CAGED), of the Secretariat of Labor of the Ministry of the Economy, a net 99,232 formal jobs were created in the past month. The indicator measures the difference between hirings and dismissals.

This was the best rate of job openings for November since 2010, when hiring exceeded layoffs by 138,247. Job creation totaled 948,344 from January to . . .

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