Brazil’s economy added a net 249,388 formal jobs in August of 2020, the second month in a row of job gains and more than double the 122,447 forecasted by analysts. Considering the January-August period the economy lost 849,387 jobs.

Non Farm Payrolls in Brazil averaged 51.69 Thousand from 1999 until 2020, reaching an all time high of 309.44 Thousand in June of 2008 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 October of 2020. source: Ministério do Trabalho e Emprego, MTE

Non Farm Payrolls in Brazil is expected to be 170.00 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 50.00 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.

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Brazil Net Payrolls

Actual Previous Highest Lowest Dates Unit Frequency
249.39 131.01 309.44 -860.50 1999 - 2020 Thousand Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-29 05:35 PM May -331.9K -860.5K -600K
2020-07-28 02:00 PM Jun -10.9K -350.3K -300K
2020-08-21 05:50 PM Jul 131K -20K 20K
2020-09-30 05:30 PM Aug 249K 131K 122K 150K
2020-10-29 06:00 PM Sep 249K 170K
2020-11-26 06:10 PM Oct
2020-12-28 07:00 PM Nov


News Stream
Brazil Economy Creates Jobs for Second Month
Brazil’s economy added a net 249,388 formal jobs in August of 2020, the second month in a row of job gains and more than double the 122,447 forecasted by analysts. Considering the January-August period the economy lost 849,387 jobs.
2020-09-30
Brazil Economy Adds 131K Jobs in July
Brazil’s economy added a net 131,010 formal jobs in July 2020, the most for that month since 2012 as the economy tries to recover from the coronavirus crisis. It followed a revised 19,579 job losses in June, and brings the net loss in the first seven months of the year to 1.1 million.
2020-08-21
Brazil Economy Sheds Jobs for 4th Month
Brazil’s economy lost 10,984 thousand jobs in June 2020, after shedding an upwardly revised 350,303 thousand in the previous month, amid the coronavirus crisis. Among sectors, losses were recorded in trade (-16,646) and services (-44,891) while gains were seen in agriculture (+36,836) and civil construction (+17,270). Across regions, the Southeast led the decrease (-28,251) followed by the Northeast (-1,341), while increases were increases were registered in the Midwest (10,010), North (6,547) and South (-1,699). Considering the first half of the year, the economy shed 1,198.363 jobs.
2020-07-28
Brazil Sheds Jobs for 3rd Month
Brazil’s economy lost 331.9 thousand jobs in May of 2020 after shedding 860.5 thousand in the previous month. It was the third month of heavy job losses due to the coronavirus crisis. Considering the January-May period, the Brazilian economy shed 1.1 million formal jobs.
2020-06-29

Brazil Net Payrolls
In Brazil, net payrolls refer to the change in total formal employment, that is, the difference between admitted and dismissed.