The Brazilian economy added a net 184.1 thousand formal jobs in March of 2021, following a 401.6 thousand increase in February and slightly above market forecasts of 180 thousand. It was the highest figure for a March month since 2010. Some 1.6 million positions were created and 1.42 million were cut. In the first quarter of the year, the economy created a net 837 thousand formal jobs, which was the most for any Jan-March period since the data series began in 1992. source: Ministério do Trabalho e Emprego, MTE

Non Farm Payrolls in Brazil averaged 57.54 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 May of 2021.

Non Farm Payrolls in Brazil is expected to be 50.00 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 -250.00 Thousand in 2022 and -280.00 Thousand in 2023, according to our econometric models.

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Brazil Net Payrolls

Actual Previous Highest Lowest Dates Unit Frequency
184.14 401.60 415.00 -860.50 1999 - 2021 Thousand Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-28 01:30 PM Dec -67.9K 415K -115K -130K
2021-03-16 03:00 PM Jan 260.353K -67.9K 122K 100K
2021-03-30 02:00 PM Feb 401.6K 260.353K
2021-04-28 01:30 PM Mar 184.14K 401.6K 180K 140K
2021-05-25 02:00 PM Apr 184.14K
2021-06-24 02:00 PM May
2021-07-26 02:00 PM Jun
2021-08-20 05:50 PM Jul


News Stream
Brazil Job Growth Above Forecasts
The Brazilian economy added a net 184.1 thousand formal jobs in March of 2021, following a 401.6 thousand increase in February and slightly above market forecasts of 180 thousand. It was the highest figure for a March month since 2010. Some 1.6 million positions were created and 1.42 million were cut. In the first quarter of the year, the economy created a net 837 thousand formal jobs, which was the most for any Jan-March period since the data series began in 1992.
2021-04-28
Brazil Job Growth Beats Forecasts
The Brazilian economy added 260,353 jobs in January of 2021, following a 67.9 thousand loss in December. It is the strongest job growth for any January month since at least 2010, above market forecasts of 122K.
2021-03-16
Brazil Economy Cuts Fewer Jobs than Expected
The Brazilian economy shed a net 67,906 formal jobs in December of 2020, compared to market expectations of a 115,000 decline. It was the first decrease in net payrolls in six months although the smallest for a December month since 1995. Considering 2020 full year, the economy created 142,690 jobs, with the biggest job gains being recorded in Santa Catarina (53,050) and Paraná (52,670).
2021-01-28
Brazilian Economy Adds Fresh Record Number of Jobs
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.
2020-12-23

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