Brazil Construction Sector Suffering

Over a million Brazilian construction workers have lost their jobs in the last two years due to the deep economic crisis the country is going through, Xinhua reported. A report published Friday by the Getulio Vargas Foundation economic studies center showed that some 1.08 million construction workers in Brazil have lost their jobs since 2014. The study found that 3.57 million people worked in the construction sector across Brazil in October 2014, while the number had lowered to 2.48 million in December 2016. It also found that some 414,000 construction jobs disappeared in 2016 alone.