Brazil sheds 118,776 jobs in March, worse than expected

viernes 22 de abril de 2016 14:11 GYT

BRASILIA, April 22 (Reuters) - Factories, farms and services companies shed a net 118,776 payroll jobs in March, the latest evidence of massive job destruction caused by the country's worst recession in decades.

Economists surveyed by Reuters expected 90,000 job dismissals last month, according to a median poll estimate. It was the 12th consecutive month of job losses in Brazil, according to the Labor Ministry's report. (Reporting by Silvio Cascione, editing by G Crosse)