The Brazilian economy created a net 218.9 thousand formal jobs in July of 2022, well below market forecasts of 260 thousand. Some 1.89 million positions were added and 1.67 million were cut. However, it marks the seventh consecutive month of job growth, with gains in all of the five sectors surveyed. The services sector (+81,800) made the most significative contribution, followed by industry (+50,500), trade (+38,500), construction (+32,000) and agriculture (+15,800). source: Ministério do Trabalho e Emprego, MTE

Non Farm Payrolls in Brazil averaged 67.20 Thousand from 1999 until 2022, 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 September of 2022.

Non Farm Payrolls in Brazil is expected to be 336.00 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 2023, according to our econometric models.

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Brazil Net Payrolls



Calendar GMT Actual Previous Consensus TEForecast
2022-07-28 06:00 PM Jun 277.944K 277.018K 300K
2022-08-29 12:30 PM Jul 218.9K 277.944K 260K 317K
2022-09-28 01:00 PM Aug 218.9K 259.35K 380K


Related Last Previous Unit Reference
Non Farm Payrolls 218.90 277.94 Thousand Jul 2022

Brazil Net Payrolls
In Brazil, net payrolls refer to the change in total formal employment, that is, the difference between admitted and dismissed.
Actual Previous Highest Lowest Dates Unit Frequency
218.90 277.94 415.00 -860.50 1999 - 2022 Thousand Monthly
NSA

News Stream
Brazil Economy Adds Fewer Jobs than Expected
The Brazilian economy created a net 218.9 thousand formal jobs in July of 2022, well below market forecasts of 260 thousand. Some 1.89 million positions were added and 1.67 million were cut. However, it marks the seventh consecutive month of job growth, with gains in all of the five sectors surveyed. The services sector (+81,800) made the most significative contribution, followed by industry (+50,500), trade (+38,500), construction (+32,000) and agriculture (+15,800).
2022-08-29
Brazil Economy Adds More Jobs than Expected
The Brazilian economy created a net 277 thousand formal jobs in May of 2022, above market expectations of a 193 thousand increase and following a 197 thousand rise in April. Some 1.96 million positions were created and 1.68 million were cut. Job gains were observed in all of the five sectors surveyed, led by services (+120.294), namely information, communication and financial, real estate, professional and administrative activities (+49.373). Trade (+47.557), industry (+46.975), mostly manufacturing (+42.081), construction (+35.445) and agriculture (+26.747) also made significant contributions. Meanwhile, the average monthly salary for new jobs created decreased by 0.94% from April to 1,898 reais.
2022-06-28
Brazil Job Growth Misses Forecasts
The Brazilian economy created a net 136.2 thousand formal jobs in March of 2022, below market expectations of a 151 thousand increase and following a 328.5 thousand rise in February. Some 1.95 million positions were created and 1.82 million were cut. Job gains were recorded in four of the five sectors surveyed, driven by services (+111,513). Construction (+25,059), industry (+15,260) and commerce (+352) also contributed positively. Only agriculture cut positions (-15,995). Considering the first quarter, formal job creation reached 615,173, down from 805,161 in the same period in 2021.
2022-04-28