Brazil’s economy added a net record 394,989 formal jobs in October of 2020, the fourth month in a row of job gains and beating markets expectations of a 233,500 rise. Among sectors, gains were recorded in services (+156,766), trade (+115,647), manufacturing (+86,426) and construction (+36,296). Considering the January-October period the economy lost 171,139 jobs. source: Ministério do Trabalho e Emprego, MTE

Non Farm Payrolls in Brazil averaged 54.03 Thousand from 1999 until 2020, reaching an all time high of 395 Thousand in October 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 November of 2020.

Non Farm Payrolls in Brazil is expected to be -310.00 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 2021 and 30.00 Thousand in 2022, according to our econometric models.

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Brazil Net Payrolls

Actual Previous Highest Lowest Dates Unit Frequency
394.99 313.56 394.99 -860.50 1999 - 2020 Thousand Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-21 05:50 PM Jul 131K -20K 20K
2020-09-30 05:30 PM Aug 249K 131K 122K 150K
2020-10-29 07:00 PM Sep 313.564K 249.39K 212.874K 210K
2020-11-26 01:30 PM Oct 395K 313.564K 233.5K 270K
2020-12-28 07:00 PM Nov
2021-01-25 01:00 PM Dec
2021-05-27 02:00 PM Feb
2021-05-27 02:00 PM Jan


News Stream
Brazil Economy Adds Record 395K Jobs in October
Brazil’s economy added a net record 394,989 formal jobs in October of 2020, the fourth month in a row of job gains and beating markets expectations of a 233,500 rise. Among sectors, gains were recorded in services (+156,766), trade (+115,647), manufacturing (+86,426) and construction (+36,296). Considering the January-October period the economy lost 171,139 jobs.
2020-11-26
Brazil Creates Record Number of Jobs
Brazil’s economy added a net record 313,564 formal jobs in September of 2020, the third month in a row of job gains and more than the 212,870 forecasted by analysts. Considering the January-September period the economy lost 558,597 jobs.
2020-10-29
Brazil Economy Creates Jobs for Second Month
Brazil’s economy added a net 249,388 formal jobs in August of 2020, the second month in a row of job gains and more than double the 122,447 forecasted by analysts. Considering the January-August period the economy lost 849,387 jobs.
2020-09-30
Brazil Economy Adds 131K Jobs in July
Brazil’s economy added a net 131,010 formal jobs in July 2020, the most for that month since 2012 as the economy tries to recover from the coronavirus crisis. It followed a revised 19,579 job losses in June, and brings the net loss in the first seven months of the year to 1.1 million.
2020-08-21

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