UPDATE 1-Brazil adds jobs for 11th month in Nov-ministry

* Brazil economy adds 138,247 payroll jobs in November

* Eleventh straight month of increases
(Recasts, adds details, context)

BRASILIA, Dec 16 (BestGrowthStock) – Brazil added jobs for the 11th
straight month in November, underscoring the strength of
domestic demand in Latin America’s largest economy.

Brazil’s economy added a net 138,247 payroll jobs
(BRPROL=ECI: ) in November, the Labor Ministry said on Thursday.

That was the second-best November in the current data
format, the ministry said.

The country has notched record-low unemployment recently,
and workers have been demanding ever-higher salaries as a
result. Those higher wages, in turn, have stoked concerns about
inflation pressures in Latin America’s biggest economy.

President Luiz Inacio Lula da Silva has made it a priority
to increase payroll jobs, because these are entitled to social
security benefits. About half of Brazil’s workforce is not
registered with the Labor Ministry and belongs to a vast
informal economy.

(Reporting by Isabel Versiani; Writing by Luciana Lopez,
Editing by Chizu Nomiyama)

UPDATE 1-Brazil adds jobs for 11th month in Nov-ministry