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Micro and small businesses generated 75% of Brazil’s formal jobs in January

RIO DE JANEIRO, BRAZIL - Micro and small businesses (MPE) led job creation in January, creating approximately 195,600 vacancies, which corresponds to about 75% of the total 260,353 formal jobs recorded in the month.

The numbers are in a report prepared by the Brazilian Micro and Small Business Support Service (Sebrae), based on January data from the General Record of Employed and Unemployed (Caged). The result is also almost double the number of employees generated by the segment in the same month last year.

This is the seventh consecutive month in which small businesses led job generation in the . . .

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