LatinNews Daily - 30 November 2022

* Brazil’s labour ministry has published the latest figures from the national employment registry (Novo Caged), which show that a net 159,454 new jobs were created in the formal sector in October, the lowest number since March 2022. This is the result of 1.78m job openings and 1.63m job losses during the month and brings the total number of formal jobs in Brazil to 42.99m. From January to October 2.32m formal jobs were created in the country. Despite the slowdown, Labour Minister José Carlos Oliveira, said the October figures raise hopes that Brazil could end 2022 with a total of 2.5m formal jobs created. “Our economy is on the right path,” he said.

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