Brazil’s Formal Job Growth in 2021 Tops One Million

Brazil’s Formal Job Growth in 2021 Tops One Million
A woman photographs with her phone a job opportunity on job listings posted on a light pole in downtown Sao Paulo, Brazil, on Sept. 30, 2020. Amanda Perobelli/Reuters
Reuters
Updated:

BRASILIA—Job growth in Brazil accelerated sharply in May, official figures showed on Thursday, with formal jobs created almost double the consensus estimate to lift the total number of new positions opened this year above one million.

That marks the strongest pace of job growth since 2010, both for the month of May and the first five months of the year, according to the Economy Ministry.