Brazil's economy lost a net 307.311 thousand jobs in December 2019, slightly less than market forecasts of a 320 thousand decline and compared to last year's 334.462 thousand fall, as workers temporarily hired to meet the end-of-year demand were dismissed. Still, that was the best December result since 2005, when 286.719 thousand jobs were lost. Considering 2019 full year, the economy created 644.079 thousand jobs, the most since 2013, with the biggest job gains being recorded in São Paulo (184.133 thousand), Minas Gerais (97.720 thousand) and Santa Catarina (71.406 thousand).

Non Farm Payrolls in Brazil averaged 56.39 Thousand from 1999 until 2019, reaching an all time high of 309.44 Thousand in June of 2008 and a record low of -654.95 Thousand in December of 2008. 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. source: Ministério do Trabalho e Emprego, MTE

Non Farm Payrolls in Brazil is expected to be 20.00 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 -310.00 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
-307.31 99.23 309.44 -654.95 1999 - 2019 Thousand Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-10-17 06:00 PM Sep 157.21K 121.39K 140K
2019-11-21 06:10 PM Oct 70.85K 157.21K 75K 75K
2019-12-19 05:00 PM Nov 99.232K 70.852K 47.5K 46K
2020-01-24 01:00 PM Dec -307.311K 99.232K -320K -300K
2020-02-24 06:00 PM Jan -307.311K 70K 25K
2020-03-31 06:00 PM Feb
2020-04-30 06:00 PM Mar 20K
2020-05-25 06:00 PM Apr


News Stream
Brazil Economy Sheds Fewer Jobs than Expected
Brazil's economy lost a net 307.311 thousand jobs in December 2019, slightly less than market forecasts of a 320 thousand decline and compared to last year's 334.462 thousand fall, as workers temporarily hired to meet the end-of-year demand were dismissed. Still, that was the best December result since 2005, when 286.719 thousand jobs were lost. Considering 2019 full year, the economy created 644.079 thousand jobs, the most since 2013, with the biggest job gains being recorded in São Paulo (184.133 thousand), Minas Gerais (97.720 thousand) and Santa Catarina (71.406 thousand).
2020-01-24
Brazil Employment Growth Beats Expectations
Brazil's economy added 99.232 thousand jobs in November 2019, following a 70.852 thousand advance in the previous month and easily beating market expectations of 47.5 thousand. Employment increased mostly in trade (106.834 thousand) and services (44.287 thousand), while declines were seen in manufacturing (-24.815 thousand), agriculture (-19.161 thousand), construction (-7.390 thousand), public administration (-652) and mining (-290).
2019-12-19
Brazil Economy Adds Less Jobs than Expected
The Brazilian economy added 70.85 thousand jobs in October 2019, following an increase of 157.21 thousand in the previous month and slightly below market expectations of 75 thousand. It was the seventh straight month of job creation. Among sectors, increases were registered in trade (+43,972); services (+19,123); manufacturing (+8,946); construction (+7,294) and mining (+344). Meanwhile, jobs were shed in agriculture (-7,819); public utilities (-581) and public administration (-427).
2019-11-21
Brazil Economy Adds More Jobs Than Expected
The Brazilian economy added 121.39 thousand jobs in August of 2019, following an increase of 43.820 thousand in the previous month and beating market expectations of 98 thousand. It was the fifth straight month of job creation. Among sectors, the biggest increases were recorded in services (+61,731); trade (+23,626); manufacturing (+19,517); civil construction (+17,306); public administration (+1,391) and mining (+1,235). Considering the January to August period, the economy added 593.467 thousand jobs, compared with 568.551 thousand a year earlier.
2019-09-25

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