Brazil’s formal job creation drops 44% in May 2023
The Ministry of Labor and Employment in Brazil announced that the country generated 155.27 thousand formal jobs in May 2023, according to the General Cadastre for Employed and Unemployed (Caged). This figure represents the net balance of job creation after accounting for hirings and layoffs. In May, there were 2 million hirings and 1.844 million […]