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.