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flag Brazilian job creation slows in March, affected by fewer business days and later Carnival.

flag Brazilian Labor Minister Luiz Marinho reported slower formal job creation in March, partly due to fewer business days and the later Carnival holiday. flag Economists earlier forecasted a net creation of 200,000 formal jobs. flag Additionally, nearly 1.6 million Brazilians received $1.58 billion in payroll-deductible loans, with a portability feature expected in May to help workers replace expensive debts with cheaper loans.

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