The Brazilian economy added a net 372.3 thousand formal jobs in August of 2021, following a 316.6 thousand increase in June and well above market forecasts of 273 thousand. Job creation was led by the pandemic-hit services sector with around 181 thousand new positions. Retail, industry, construction, and agribusiness also made significant contributions. Year to date, the economy added 2.2 million jobs. source: Ministério do Trabalho e Emprego, MTE
Non Farm Payrolls in Brazil averaged 60.53 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 October of 2021.
Non Farm Payrolls in Brazil is expected to be 120.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.