Brazil’s economy created 150,600 government-registered jobs in February, the Labor Ministry said.
The gain compares with a median forecast of 190,000 formal jobs, according to the median estimate in a Bloomberg survey of 5 economists.
Government-registered job creation number is a balance of posts created minus job eliminated. Registered jobs, so-called formal work, assure employees a range of benefits such as unemployment insurance, bonuses and retirement payments by the government.
To contact the reporter on this story: Arnaldo Galvao in Brasilia Newsroom at email@example.com
To contact the editor responsible for this story: Joshua Goodman at firstname.lastname@example.org