UPDATE 1-Brazil’s formal job creation falls short of expectations in November

BRASILIA, Dec 28 (Reuters) – Brazil created a net 130,097 formal jobs in November, fewer than expected, labor ministry figures showed on Thursday. Economists polled by Reuters projected 142,841 jobs to be created in the month. Year-to-date, job creation totaled 1.9 million net positions, according to the labor ministry, which had previously anticipated a potential increase to 2 million by the end of 2023. In a press conference, the acting labor minister, Francisco Macena, acknowledged that December is typically marked by a net decline in jobs due to the termination of temporary workers hired for the holiday season. He said the ministry would continue monitoring the final data balance for the year. In November, only two out of the five…