Brazil creates 136,000 formal jobs in March, achieving a third consecutive month of gains
RIO DE JANEIRO, BRAZIL – Brazil ended the month of March 2022 with the creation of 136,189 formal jobs. This is according to the balance of the General Cadastre of Employed and Unemployed (Caged), presented Thursday (28) by the Ministry of Labor and Social Security.
The balance in March was 1,953,071 hires minus 1,816,882 layoffs. The total number of formal jobs, i.e. the total number of active employment contracts in the country, was 41.2 million at the end of March, a positive change of 0.33% from the previous month.
In 2022, there is a positive balance of 615,173 jobs, made up of 5,820,897 new hires and 5,205,724 layoffs.
“This is the third consecutive month in which we have seen growth in new job creation,” said Minister José Carlos Oliveira in presenting the results. “This allows us to dream of a cumulative figure at the end of 2022 that is higher than what we had planned, about one million new jobs,” he added.
The data show that in March, four of the five groups of economic sectors saw positive net employment. The largest share of new jobs, 111,513 in total, was created in the services sector, mainly in information and communications and finance, real estate, professional and administrative services.
The civil engineering sector was the second sector that created the most jobs in March, with a positive balance of 25,059 jobs, followed by industry (15,260 new jobs) and trade, with a balance of 352. The agriculture, livestock, forestry, fishing, and aquaculture sector had a negative balance in job creation, with 15,995 more layoffs than new hires.
Regions
Regionally, March showed a positive balance in job creation in four of the nation’s five geographic regions. The Southeast added 75,804 jobs, followed by the South with 33,601 job openings, the Center-West with 33,001 jobs, and the North with a positive balance of 9,357 job openings.
In the Northeast, the balance of job creation was negative, with 4,963 layoffs relative to new hires. The Ministry explains the negative balance in the Northeast with the period of demobilization of the sugarcane industry, especially in the states of Sergipe, Pernambuco, and Alagoas, and the layoff of temporary workers.
In March, 23 of 27 states recorded a positive balance in job creation. The states with the best results were São Paulo (34,010 jobs), Minas Gerais (27,452 jobs) and Rio Grande do Sul (13,744 jobs).
The states with the worst balances, where there were more layoffs than hires, were precisely in the Northeast: Sergipe (-2,502 jobs), Pernambuco (-6,091 jobs), and Alagoas (-10,029 jobs).
More: Brazil news in English, every day from The Rio Times.
This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. How we use AI · Report an error
Brazil runoff, Sunday, October 25: Brazil runoff date. Latest: Brazil runoff polls, Flávio 51%, Lula 49%.