Brazil Loses Over 860,000 Formal Jobs In April

By Kelly Oliveira

Layoffs in Brazil surpassed formal admissions by 860,503 job posts in April—1,459,099 dismissals and 589,596 admissions. The figures in the General Register of Employed and Unemployed (CAGED) were published Wednesday (27). April’s balance was the worst in the time series started in 1992.

The figures...