Brazil Economy Sheds 1.5 Million Payroll Jobs in 2015
In Brazil, the ministry of labor announced that layoffs and high levels of inflation caused the country to lose 1.5 million of its payroll jobs during 2015. Most of these jobs were lost in civil construction and industrial sectors. These are the worst job creation numbers since the country began tracking this statistic in 1992. At the end of 2014, 41.2 million Brazilian were employed. That number fell to 39.7 million in 2015.
See "Brazil Economy Sheds 1.5 Million Payroll Jobs in 2015", New York Times, January 21, 2016