The Brazilian economy added a net 401,639 jobs in February of 2021, following a 260 thousand gain in January. It was the highest monthly figure in at least 20 years, led by the services sector. Some 1.69 million positions were created and 1.29 million were cut. In the first two months of 2021, the economy has created a net 659,780 formal jobs, also the highest in years. source: Ministério do Trabalho e Emprego, MTE
Non Farm Payrolls in Brazil averaged 57.06 Thousand from 1999 until 2021, 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 April of 2021.
Non Farm Payrolls in Brazil is expected to be 40.00 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 -250.00 Thousand in 2022 and -280.00 Thousand in 2023, according to our econometric models.