Brazil created 526,173 new formal jobs in the first quarter, based on a balance of 6,040,592 hires and 5,514,419 dismissals, the Ministry of Labor and Employment reported.
The data, from the General Register of Employed and Unemployed, showed that 195,171 new jobs were created in March, as a result of 2,168,418 hires and 1,973,247 dismissals, nearly double the 100,000 new jobs estimated by the financial market.
“This year’s March figure was a bit of a surprise,” Minister of Labor and Employment, Luiz Marinho, said during a press conference.
“There are cargo transportation and infrastructure works that are influencing the March number, which I didn’t expect,” Marinho said.—APP
