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.

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Brazil Net Payrolls


Calendar GMT Actual Previous Consensus TEForecast
2021-08-26 01:00 PM Jul 316.6K 309.114K 285K 250K
2021-09-29 01:00 PM Aug 372.3K 316.6K 272.5K 285K
2021-10-29 07:00 PM Sep 372.3K 367.409K 340K


News Stream
Brazil Job Growth Above Forecasts
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.
2021-09-29
Brazil Job Growth Beats Forecasts
The Brazilian economy added a net 316.6 thousand formal jobs in July of 2021, following a 309.1 thousand increase in June and well above market forecasts of a 285 thousand rise.
2021-08-26
Brazil Job Growth Largely Beats Expectations in May
The Brazilian economy added a net 280.7 thousand formal jobs in May of 2021, more than double of the 120.9 thousand increase in April and largely above market forecasts of a 150 thousand expansion. Some 1.55 million positions were created and 1.27 million were cut. In the first five months of the year, the economy created a net 1.23 million formal jobs. The gains were led by the services sector (110,956 jobs added), followed by commerce (60,480 jobs added), industry (44,146 jobs added) and agriculture (42,526 jobs added).
2021-07-01

Brazil Last Unit Reference Previous Highest Lowest
Non Farm Payrolls 372.27 Thousand Aug/21 316.60 415.00 -860.50


Brazil Net Payrolls
In Brazil, net payrolls refer to the change in total formal employment, that is, the difference between admitted and dismissed.