The Brazilian economy added a net 184.1 thousand formal jobs in March of 2021, following a 401.6 thousand increase in February and slightly above market forecasts of 180 thousand. It was the highest figure for a March month since 2010. Some 1.6 million positions were created and 1.42 million were cut. In the first quarter of the year, the economy created a net 837 thousand formal jobs, which was the most for any Jan-March period since the data series began in 1992. source: Ministério do Trabalho e Emprego, MTE
Non Farm Payrolls in Brazil averaged 57.54 Thousand from 1999 until 2021, reaching an all time high of 415 Thousand in November of 2020 and a record low of -860.50 Thousand in April of 2020. This page provides the latest reported value for - Brazil Net Payrolls - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Net Payrolls - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Non Farm Payrolls in Brazil is expected to be 50.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Non Farm Payrolls in Brazil to stand at 50.00 in 12 months time. In the long-term, the Brazil Net Payrolls is projected to trend around -250.00 Thousand in 2022 and -280.00 Thousand in 2023, according to our econometric models.