Job creation in Brazil drops sharply in 2014
Xinhua, January 24, 2015 Adjust font size:
Job generation in Brazil fell 64.4 percent in 2014 compared with 2013, said the Brazilian government on Friday.
According to an employment report by the Labor Ministry, a total of 396,993 jobs were created in the country last year, sharply down from 1.11 million in 2013.
Last year's figure was the worst since the ministry launched the current job generation measurement system in 2002.
Labor Minister Manoel Dias, who took office in early January this year, tried to play down the slump, saying that last year was atypical and full of turmoil.
"It was an atypical year, with a FIFA World Cup and elections. It was a year of global crisis. That certainly affected job generation," said Dias, predicting that employment will improve in 2015. Endi