Brazil's Formal Employment Rises By 242,126 Posts In August
In a sign of continued recovery of the local economy, Brazil's formal employment in August expanded to its highest monthly level so far this year. According to figures released by the Labor Ministry Wednesday, the country's economy created a net 242,126 posts in August, raising total formal employment by 0.8% from the previous month. The August result represented the seventh consecutive month of formal job gains in Brazil. The Wall Street Journal, 9/16/09.
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