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Home In an unprecedented turn, the Industry sector in Rio de Janeiro opens more than 18 jobs after a billionaire investment and shows an impressive recovery of the economy in Brazil

In an unprecedented turn, the Industry sector in Rio de Janeiro opens more than 18 jobs after a billionaire investment and shows an impressive recovery of the economy in Brazil

16 June 2022 to 21: 41
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Rio de Janeiro recovers impressively with thousands of jobs open after pandemic | Photo: Rio Indústria

The industry sector in Rio de Janeiro went from closing 10 jobs in 2020 to opening 18 jobs in 2021

In an extraordinary turn, the industry sector in Rio de Janeiro showed a leap in job creation in 2021, reaching the level of 18 new jobs work stations. On the other hand, in 2020, 10 thousand jobs were closed, due to the pandemic of the new coronavirus. However, the sector brings a breather in the year 2021 with these data and makes the scenario much more optimistic for the economy of Brazil.

The unprecedented survey of these data was carried out by Rio Indústria and brought a glimmer of hope for the generation of jobs in 2022. Experts in the study claim that there are concrete chances of a full recovery of the economy in the coming years, especially due to the increase in the vaccinated population. Check out more about this survey in today's article.

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See more about the increase in exports that Rio de Janeiro has had in the last year with the video below

Industries in Rio de Janeiro dribble economic crisis with increased exports and job vacancies | Playback — YouTube: TV Band Rio

Industry sector of Rio de Janeiro stands out nationally in the generation of vacancies with good distribution in the state

The industry branch took an unprecedented turn in 2021 and recovered 100% of the vacancies lost in 2020, with an addition of over 80% of new jobs.

"The industry in Rio de Janeiro quickly reacted to the improved scenario, opening more than 18 jobs last year. That is, in addition to recovering, in absolute numbers, 100% of the jobs closed during 2020, it generated 80% more opportunities for Rio. The industry was one of the first activities to recover from the recession, due to its professional management, high volume of investments and specialized workers. For comparison purposes, the Transformation Industries were responsible for opening one in ten job openings in 2021 in the State of Rio.”

Sérgio Duarte, President of Rio Indústria (2022)

However, these vacancies were not concentrated in just one region, but spread throughout the state. More industrialized regions such as Médio Paraíba and Centro-Sul Fluminense were the ones that created the most jobs.

Some industry sectors had an even more positive balance than others. This is the case with maintenance, repair and installation of machinery and equipment, which leads the number of jobs with a total of 6.297 generated in 2021. Next, we have the manufacture of clothing and accessories, with 3.693 jobs generated.

Other sectors such as manufacturing of food products, manufacturing of metal products and manufacturing of non-metallic mineral products also stood out with the generation of more than a thousand jobs in each area.

The opening of companies hit a record, and the investments made in the industry were what brought about the recovery of the economy

The unprecedented study by Rio Indústria showed that the opening of companies reached a record number in the state of Rio de Janeiro in 2021, with more than 72.894 registrations, according to Jucerja. In addition, while the domestic industry sector shrank by 6,1% in the first two months of 2022, Rio de Janeiro maintained the same level as last year.

The year 2021 brought a significant surplus in the budget of the state of Rio de Janeiro, which directed an investment of more than R$ 17 billion in the industry sector, through the Pacto RJ program. One of the main investments concerns the expansion of Via Light with Dutra and Avenida Brasil, in addition to the railroad to connect Porto do Açu, the EF-118.

The State Secretariat for Economic Development also found that there are more than R$75 billion in private investments related to companies in the state of Rio de Janeiro. Some large companies such as Volkswagen, Nissan and ArcelorMittal are among the names of investors of this amount. The oil sector also receives around R$ 5 billion more this year to generate job openings.

Furthermore, the Legislative Assembly sanctioned law number 9.633 which expands the special ICMS tax regime to 16 cities in Rio de Janeiro. In this way, these municipalities gain the right to request ownership of some tax incentives, under a differentiated tax collection regime.

Outlook for 2022 is even more positive regarding job openings in the industry sector in Rio de Janeiro.

Although the results are very positive, the president of the River Industry states that the State should not underestimate the challenges that are yet to come as a result of the economic recovery. After all, Rio de Janeiro is one of the states that faces the most tax burdens in Brazil, especially in relation to industrial inputs such as fuel and energy.

However, what is expected is that the year 2022 will bring even more job vacancies to the industry sector in Rio de Janeiro. For this, it is essential that the policies for attracting and retaining investments in the state and in the capital are reinforced to strengthen the regional economy.

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