Brazil Property News: Employment figures rising in Brazil's south




18th April 2008 05:03


Those considering buying property in Brazil could be interested to hear that job numbers are up in the southern state of Santa Catarina, according to new figures.

Anba reports that the Federation of Industries of the State of Santa Catarina (Fiesc) has revealed that employment levels have shown first quarter growth of 1.5 per cent this year.

Increasing employment figures could mean that new workers need somewhere to live in the region.

The Fiesc survey of more than 350 industries showed that 3,322 new jobs were created during the period.

Electric machinery, devices and materials was the sector showing the highest rise with an increase of 4.96 per cent that was credited to the sales expansion of the industry's leading company.

Meanwhile, it was reported last year that unemployment rates in the Latin American country were at their best level for half a decade.

Figures released in December by the Brazilian Institute of Geography and Statistics, showed that the unemployment rate among the economically active population stood at just 8.2 per cent.

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