The Brazilian economy shed a net 67,906 formal jobs in December of 2020, compared to market expectations of a 115,000 decline. It was the first decrease in net payrolls in six months although the smallest for a December month since 1995. Considering 2020 full year, the economy created 142,690 jobs, with the biggest job gains being recorded in Santa Catarina (53,050) and Paraná (52,670). source: Ministério do Trabalho e Emprego, MTE
Non Farm Payrolls in Brazil averaged 54.95 Thousand from 1999 until 2020, 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 February of 2021.
Non Farm Payrolls in Brazil is expected to be 40.00 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 70.00 in 12 months time. In the long-term, the Brazil Net Payrolls is projected to trend around 80.00 Thousand in 2022 and 30.00 Thousand in 2023, according to our econometric models.