IBOV 206,911.89 ▲ 7.70% IPSA 11,124.65 ▲ 1.91% IPC MEX 64,327.79 ▼ 0.32% MERVAL 2,869,488 ▲ 3.68% COLCAP 2,582.65 ▲ 2.69% BVL PERÚ 59,860.04 ▲ 0.60% USD/BRL5.00▼ 4.11% USD/MXN18.07▼ 0.56% USD/CLP970.78▼ 1.99% USD/COP3,203▼ 1.57% USD/PEN3.44▲ 0.25% USD/ARS1,520▼ 0.32% USD/UYU40.34▼ 0.30% USD/PYG5,844▲ 0.40% USD/BOB11.95▲ 0.17% USD/DOP60.17▲ 0.45% USD/CRC455.71▼ 0.15% USD/GTQ7.63▼ 0.09% USD/HNL26.86▼ 0.01% USD/NIO36.62— 0.00% USD/VES869.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.68▼ 0.14% EUR/BRL5.61▼ 4.77% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 206,911.89 ▲ 7.70% IPSA 11,124.65 ▲ 1.91% IPC MEX 64,327.79 ▼ 0.32% MERVAL 2,869,488 ▲ 3.68% COLCAP 2,582.65 ▲ 2.69% BVL PERÚ 59,860.04 ▲ 0.60% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Tuesday, October 6, 2026

Tourism Fuels 20% of Brazil’s New Jobs

By · October 7, 2023 · 2 min read

Recent Caged data reveals that of the 220,844 jobs created nationwide in August 2023, 23,600 were in tourism.

The Ministry of Labor and Employment announced the figures.

Jobs in Lodging and Food led the way with 14,500 new positions. Next, Road Passenger Transportation added 2,600 jobs.

Arts and Culture followed with 2,200 new roles.

Tourism Minister Celso Sabino praised these developments. “Tourism involves over 50 types of work, employing millions yearly,” he said.

“We aim to broaden its economic impact through new opportunities and stronger / partnerships.”

Sabino’s remarks highlight tourism as a critical employment engine. The focus now is on maximizing its role in economic stability.

Tourism Fuels 20% of Brazil's New Jobs.
Tourism Fuels 20% of Brazil’s New Jobs.
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Background New Jobs in Brazilian Tourism

In a broader context, Brazil’s focus on tourism aligns with global trends. Many countries see tourism as a resilient sector, even in economic downturns.

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In the U.S., for example, tourism contributed over $1.1 trillion to GDP in 2019. Similarly, in Europe, the industry accounted for 9.5% of the economy.

Yet, unlike established markets, Brazil has untapped potential. Iconic destinations like Rio de Janeiro attract international attention.

Still, many lesser-known spots await discovery, which can lead to more job creation.

Local economies also benefit from tourism. Small businesses in hospitality, retail, and arts often see a boost.

For instance, local artisans and farmers can offer authentic experiences that larger corporations can’t replicate.

On the downside, dependency on tourism can be risky. Countries like Thailand faced economic struggles when travel decreased due to COVID-19.

Diversification remains key to mitigating such risks.

Finally, environmental impact needs consideration. Responsible tourism can lead to sustainable job creation, benefiting both the planet and the economy.

As Brazil advances its tourism agenda, striking a balance between economic gains and environmental preservation will be essential.

 

 

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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