The Brazilian economy created a net 278.1 thousand formal jobs in September of 2022, above market forecasts of 260 thousand, marking the ninth consecutive month of job growth. All five sectors surveyed recorded job gains in September, once again led by the services sector (+122.562), which continues to recover from the pandemic crisis. Trade (+57,974), industry (+56,909), construction (+31,166) and agriculture (+9,474) also made positive contributions. However, the average monthly salary of the new jobs created in the month fell 0.64% from August to 1,931 reais. source: Ministério do Trabalho e Emprego, MTE
Non Farm Payrolls in Brazil averaged 68.70 Thousand from 1999 until 2022, reaching an all time high of 415.00 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 November of 2022.
Non Farm Payrolls in Brazil is expected to be -242.00 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.