IBOV 172,457.76 ▲ 0.66% IPC MEX 71,204.98 ▼ 0.84% MERVAL 2,848,945 — — USD/BRL5.67▲ 0.45% USD/MXN18.52▼ 0.42% USD/CLP994.16▼ 0.13% USD/COP3,302▲ 0.70% USD/PEN3.40▼ 0.16% USD/ARS1,544▼ 0.11% USD/UYU40.59▲ 2.33% USD/PYG6,196▲ 2.33% USD/BOB11.59▼ 0.37% USD/DOP60.59▲ 1.85% USD/CRC442.74▼ 0.10% USD/GTQ7.64▲ 2.06% USD/HNL26.91▲ 2.15% USD/NIO36.62▲ 2.73% USD/VES909.35▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 1.39% USD/TTD6.75▲ 1.58% EUR/BRL6.25▲ 0.93% BRENT 95.84 ▲ 0.02% WTI 88.56 ▼ 0.20% IRON ORE 161.91 — — COPPER 6.09 ▼ 1.50% GOLD 3,886 ▲ 0.03% SILVER 49.12 ▼ 1.70% SOY 1,232 ▲ 0.37% CORN 445.50 ▲ 0.68% WHEAT 593.25 ▲ 1.54% COFFEE 279.25 ▼ 0.34% SUGAR 18.40 ▲ 0.99% ORANGE JUICE 136.85 ▼ 2.91% COTTON 79.02 ▲ 0.44% COCOA 5,123 ▲ 1.13% BEEF 224.80 ▲ 2.70% CATTLE 335.35 ▼ 0.10% LITHIUM 58.76 ▼ 1.13% PETR4 45.30 ▲ 1.34% VALE3 63.50 ▼ 0.70% ITUB4 42.27 ▲ 1.42% BBDC4 14.52 ▲ 1.40% ABEV3 15.79 ▲ 0.25% BBAS3 15.10 ▼ 2.45% B3SA3 14.89 ▲ 0.88% WEGE3 51.31 ▼ 0.66% PRIO3 63.30 — 0.00% SUZB3 54.77 ▼ 2.27% RENT3 30.07 ▲ 1.66% AZZA3 15.91 ▼ 5.86% CSAN3 3.10 ▲ 8.77% RAIZ4 20.00 — 0.00% PCAR3 2.56 ▲ 7.11% GMAT3 4.25 ▲ 10.68% PSSA3 46.41 ▲ 1.02% CVCB3 0.83 ▼ 1.19% POSI3 3.15 ▼ 6.53% SLCE3 18.28 ▼ 0.44% NATU3 5.13 ▼ 3.75% BRKM5 3.02 ▼ 1.63% RANI3 8.18 — 0.00% CSNA3 3.72 ▼ 12.06% IBOV 172,457.76 ▲ 0.66% IPC MEX 71,204.98 ▼ 0.84% MERVAL 2,848,945 — — USD/BRL 5.67 ▲ 0.45% USD/MXN 18.52 ▼ 0.42% USD/CLP 994.16 ▼ 0.13% USD/COP 3,302 ▲ 0.70% USD/PEN 3.40 ▼ 0.16% USD/ARS 1,544 ▼ 0.11% USD/UYU 40.59 ▲ 2.33% USD/PYG 6,196 ▲ 2.33% USD/BOB 11.59 ▼ 0.37% USD/DOP 60.59 ▲ 1.85% USD/CRC 442.74 ▼ 0.10% USD/GTQ 7.64 ▲ 2.06% USD/HNL 26.91 ▲ 2.15% USD/NIO 36.62 ▲ 2.73% USD/VES 909.35 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 1.39% USD/TTD 6.75 ▲ 1.58% EUR/BRL 6.25 ▲ 0.93% BRENT 95.84 ▲ 0.02% WTI 88.56 ▼ 0.20% IRON ORE 161.91 — — COPPER 6.09 ▼ 1.50% GOLD 3,886 ▲ 0.03% SILVER 49.12 ▼ 1.70% SOY 1,232 ▲ 0.37% CORN 445.50 ▲ 0.68% WHEAT 593.25 ▲ 1.54% COFFEE 279.25 ▼ 0.34% SUGAR 18.40 ▲ 0.99% ORANGE JUICE 136.85 ▼ 2.91% COTTON 79.02 ▲ 0.44% COCOA 5,123 ▲ 1.13% BEEF 224.80 ▲ 2.70% CATTLE 335.35 ▼ 0.10% LITHIUM 58.76 ▼ 1.13% PETR4 45.30 ▲ 1.34% VALE3 63.50 ▼ 0.70% ITUB4 42.27 ▲ 1.42% BBDC4 14.52 ▲ 1.40% ABEV3 15.79 ▲ 0.25% BBAS3 15.10 ▼ 2.45% B3SA3 14.89 ▲ 0.88% WEGE3 51.31 ▼ 0.66% PRIO3 63.30 — 0.00% SUZB3 54.77 ▼ 2.27% RENT3 30.07 ▲ 1.66% AZZA3 15.91 ▼ 5.86% CSAN3 3.10 ▲ 8.77% RAIZ4 20.00 — 0.00% PCAR3 2.56 ▲ 7.11% GMAT3 4.25 ▲ 10.68% PSSA3 46.41 ▲ 1.02% CVCB3 0.83 ▼ 1.19% POSI3 3.15 ▼ 6.53% SLCE3 18.28 ▼ 0.44% NATU3 5.13 ▼ 3.75% BRKM5 3.02 ▼ 1.63% RANI3 8.18 — 0.00% CSNA3 3.72 ▼ 12.06%
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Saturday, November 14, 2026

Brazil Business - Brazil

Brazil created 328,000 formal jobs in February

By · · 3 min read

RIO DE JANEIRO, BRAZIL – Brazil closed the month of February 2022 with the creation of 328,507 formal jobs, according to the balance of the General Cadastre for Employed and Unemployed (New Caged), presented on March 29 by the Ministry of Labor and Social Security.

The February balance resulted from 2 million hirings and 1.7 million dismissals. According to the ministry, it was the best result for the month in the series started in 2010, second only to 2021, when the balance was 397,915 jobs.

According to the ministry’s executive secretary, Bruno Dalcolmo, this was the first time the monthly total of admissions exceeded 2 million vacancies, considering the series of declarations made on time. The secretary, however, pointed out that the result cannot be regarded as structural and that the trend is for a reduction in hiring.

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The accumulated balance in 2022 was 478,862 formal, registered jobs, resulting from 3,818,888 new admissions and 3,340,026 dismissals.
The accumulated balance in 2022 was 478,862 formal, registered jobs, resulting from 3,818,888 new admissions and 3,340,026 dismissals.
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“What we see here in February 2022 from the point of view of admissions is important to note. For the first time, we are above 2 million hires. Of course, it is not possible to say that it is something structural and will remain at this level,” he said. “We have already registered that it is natural to expect some deceleration compared to last year’s hiring level. It is a natural process; companies will not continue hiring at last year’s pace forever,” he added.

The numbers show that in February, the five groups of economic activity showed a positive balance, especially in the services sector, with the generation of 215,421 new jobs, distributed mainly in public administration, defense and social security, education, human health, and social services.

The general industry closed the month with 43,000 new jobs, especially in the transformation industry, which generated 38,575 jobs. Construction closed the month with 39,453 new jobs. In sequence come agriculture, livestock, forestry, fishing, and aquaculture, which generated 17,415 jobs, and commerce, with 13,219 jobs.

With the February result, the stock of active formal jobs stood at 41,157,217, a positive variation of 0.8% compared to the stock in the previous month. The accumulated balance in 2022 was 478,862 formal, registered jobs, resulting from 3,818,888 new admissions and 3,340,026 dismissals.

SALARY

The new Caged data also show that the average hiring wage in February 2022 was R$1,878.66. The value is lower than that recorded in January, with a decrease of R$61.14, which is equivalent to a variation of -3.15%.

INTERMITTENT WORK

In February, the new Caged registered 25,396 admissions and 16,568 dismissals in the intermittent work modality, generating a balance of 8,828 jobs.

There were 5,287 contracting establishments, and 36 employees entered into more than one contract in the intermittent worker condition.

“From the point of view of economic activities, the balance of employment in intermittent work mode was distributed by: services (6,906 jobs), construction (1,115 jobs), general industry (422 jobs), agriculture and livestock (207 jobs), and trade (178 jobs),” said the folder.

Concerning part-time work, 26,104 new admissions and 16,586 dismissals were registered, a balance of 9,518 jobs. There were 9,493 contracting establishments, and 158 employees entered into more than one part-time contract.

The balance of part-time jobs was distributed as follows by sector: services (5,615 jobs), general industry (2,286 jobs), commerce (1,167 jobs), construction (241 jobs), and agriculture (209 jobs).

REGIONS

In February, 25 of the 27 states closed the month with positive job balances. The highlights were: São Paulo, with 98,262 jobs; Minas Gerais, with 36,677 new jobs; and Paraná, with 28,506 jobs.

The states with the lowest recorded balance were Amapá, which presented a positive balance of 158 jobs; followed by Alagoas and Paraíba, which showed a negative balance, that is, they closed 600 jobs and 1,451 jobs, respectively.

Among the regions, the Southeast closed February with 162,442 new jobs. In sequence comes the South, with 82,898 jobs; Center-West, 40,930 jobs; Northeast, 28,085 jobs; and the North Region, 12,727 jobs.

With information from Agência Brasil

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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