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.