Brazil accelerates the generation of jobs in 2011
Brazil has generated 1,265,250 jobs with a formal contract in the first half of 2011, the third best result in history for the period, behind the record in 2010 and 2008. Since the State of Rio closed the period with 87,998 new jobs, a figure very close to a record recorded in the same period of 2010.
The data are in the Technical Note Tracking Fluminense formal labor market, produced by FIRJAN System, with data from the Ministry of Labor.
freshly the trend started to take place, however, at a slower pace. The cumulative result of 12 months illustrates this trend: in August 2010 were 2,269,607 new jobs in the previous 12 months, compared to 1,928,877 in June this year. A direct result of the economic downturn due to government measures to curb inflation.
From August 2010, the highest point of the series, the level of hiring in the domestic industry, which was up for 11 months, started to decrease continuously until June equivalent year – went from 577,000 to 335,000 new jobs during such period.
Since the state of Rio, which had showed poor performance in the first quarter, rehearsing check the national movement, the trend reversed between March and June. Thus, the cumulative result of 12 months does not point reduction in the pace of hiring in the economy of Rio de Janeiro: since November 2010 comparable result is around 190,000 jobs.
Construction Services and pull hiring in Rio
In the first half, the labor market of the river was characterized by the continuous increase in hiring in the services sector, the return of Construction to the 2008, golden year in the industry, and the record harvest of cane sugar, which conceded Agriculture to generate almost twice as several formal jobs that observed in the same period of last three years.
On the other hand, the sectors most sensitive to the credit crunch and the successive increases in the basic interest rate – Industry and Trade – showed cooling in hiring, due to the lower level of activity observed in the half.
In the first half of the year, the Industry Transformation Fluminense generated almost half that observed in the same period in 2010: 8,663 new jobs.
An exception was the mechanical industry (+1179), with the best balance for the first half was one of the last five years, the fruit of continuous employment of workers to meet the investment in machinery and equipment and activities related to oil and gas chain.
equivalent sector also moved the labor market of the metallurgical industry (+2171), which remained virtually the same level of signings made in the first half of 2010 (+2274).
Layoffs seen in Textile and Garment (-272) and Transport Material (-130) contrasted with the positive balance observed in the first half of 2010.
In the textile sector, the result that year was driven by the production of material for the World Cup and elections, which led to the high base of comparison for 2011. In addition, the rains in early 2011 affected one of the main poles of making the state.
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