Loading ...News - Brazil’s economy adds jobs for 8th month in Sept
* Brazil’s economy adds 252,617 payroll jobs in September
* Economy adds payroll jobs for 8th straight month
* Increase was largest so far in 2009 (Recasts, adds details, context)
BRASILIA, Oct 14 (Reuters) - Brazil’s economy added payroll jobs for the eighth straight month in September, the latest sign of an economic recovery that is prompting companies to hire workers to meet growing demand for manufactured goods and new homes, government data showed on Wednesday.
Latin America’s largest economy added 252,617 payroll jobs in September, the biggest monthly increase so far in 2009, the labor ministry said. In August, the economy had added 242,126 payroll positions.
With the September figures, Brazil’s economy has now created a total of 932,651 payroll jobs so far this year.
Brazil emerged from a brief recession in the second quarter of this year, becoming one of the first major economies to bounce back from the global crisis.
Most of Brazil’s workforce is not registered with the labor ministry and belongs to a vast informal economy. The government of President Luiz Inacio Lula da Silva is seeking to increase the number of payroll jobs in the country.
Source: Reuters.
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