The Brazilian economy added a net record high 414,556 jobs in November of 2020, the fifth consecutive month of job gains as the economy rebounds from the coronavirus pandemic. Hiring in retail and services drove the increase. Considering the January-November period the economy added a net 227,025 formal jobs. source: Ministério do Trabalho e Emprego, MTE
Non Farm Payrolls in Brazil averaged 55.42 Thousand from 1999 until 2020, reaching an all time high of 414.56 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 January of 2021.
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.