- Title: Brazil's economy slow to add jobs
- Date: 19th July 2017
- Summary: SAO PAULO, BRAZIL (RECENT) (REUTERS) **** WARNING CONTAINS FLASH PHOTOGRAPHY **** VARIOUS OF PEOPLE GOING UP ESCALATOR AT TRAIN STATION IN SAO PAULO PEOPLE WALKING IN TRAIN STATION / EXTERIOR UNEMPLOYMENT OFFICE AT TRAIN STATION VARIOUS OF PEOPLE IN WAITING ROOM AT UNEMPLOYMENT OFFICE YOUNGSTER RECEIVING ATTENTION FROM WORKER AT UNEMPLOYMENT OFFICE VARIOUS OF YOUNGSTER HANDING IN DOCUMENTS AT UNEMPLOYMENT OFFICE SOCIAL WORK DOCUMENT ON DESK (SOUNDBITE) (Portuguese) LEANDRO DA SILVA TOLEDO, WHO HAS BEEN UNEMPLOYED FOR SEVEN MONTHS, SAYING: "Hardly anyone is getting much work, it's difficult! From my group, very little got anything, most are unemployed at the moment." EXTERIOR UNEMPLOYMENT OFFICE PEOPLE WALKING IN TRAIN STATION (SOUNDBITE) (Portuguese) ISRAEL FIORAVENTI, UNEMPLOYED, SAYING: "I have been unemployed for eight months. I'm looking for a job on job search sites and here in unemployment offices. Also trying to do a course at a technical school which has a place but it's difficult to get." RIO DE JANEIRO, BRAZIL (RECENT) (REUTERS) CIMAR AZEREDO, CO-ORDINATOR AT THE BRAZILIAN INSTITUTE OF GEOGRAPHY AND STATISTICS - IBGE VARIOUS OF REPORTERS (SOUNDBITE) (Portuguese) CIMAR AZEREDO, CO-ORDINATOR AT THE BRAZILIAN INSTITUTE OF GEOGRAPHY AND STATISTICS - IBGE, SAYING: "The unemployment rate is stable but continues to be the highest rate for a quarter ending in May of this year. If we compare all the quarters ending in May, since the beginning of the series that was in 2012, this is the highest rate in the series from 2012 to now." SAO PAULO, BRAZIL (RECENT) (REUTERS) VARIOUS OF PEOPLE WALKING IN STREET PEOPLE DROPPING OFF CURRICULUM'S AT STREET EMPLOYMENT OFFICES CURRICULUM'S VARIOUS OF FGV BUILDING VARIOUS OF ECONOMIST, ALESSANDRA RIBEIRO
- Embargoed: 2nd August 2017 16:01
- Keywords: Brazil jobs unemployment work economy
- Location: SAO PAULO AND RIO DE JANEIRO, BRAZIL
- City: SAO PAULO AND RIO DE JANEIRO, BRAZIL
- Country: Brazil
- Topics: Economic Events
- Reuters ID: LVA0016QDWH8J
- Aspect Ratio: 16:9
- Story Text: Brazil's economy emerged from its worst recession on record with its fastest growth rate in nearly four years, data showed last month, boosting President Michel Temer's case for staying in office as he battles a corruption scandal.
Nevertheless, jobs creation has also recovered but at a slower pace than expected. Brazil added a net 9,821 payroll jobs in June, government data showed this week, as the economy created jobs for a third straight month.
Economists expected the economy to have added 36,000 jobs last month, according to the median forecast in a Reuters poll. Brazil's economy is forecast to grow 0.3 percent in 2017 after contracting more than 3 percent in each of the past two years.
Brazil has about 51 million young people, aged between 15 and 29 years, according to Youth Policy.org but finding a job still remains tough. Many in the country, remain without basic rights such as education.
In 2005, the implementation and institutionalisation of the National Youth Policy (NPC) helped many youngsters to access higher education, according to Youth Policy.org but despite these achievements, combating unemployment and ensuring decent work for youngsters is one of the government's main challenges.
Labour Minister Ronaldo Nogueira on Monday (July 17) announced that Brazil's economy could generate around 2 million jobs over two years under new forms of contracts created by a labour reform last week. Nogueira said the increase would come from new contract regulations regarding part-time, intermittent and at-home employment.
President Michel Temer signed the landmark labour reform into law last week and economist, Alessandra Ribeiro, said these reforms will have a "positive effect for the labour market."
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