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Small businesses generated 71% of jobs through September in Brazil

RIO DE JANEIRO, BRAZIL - The job creation data are part of a survey conducted by the Brazilian Micro and Small Company Support Service (SEBRAE), based on the Economy Ministry's General Records of Employed and Unemployed (CAGED).

MSEs opened 1.2 million more jobs than medium and large companies in the first 9 months of 2021.

In September alone, small businesses were responsible for opening 72.5% of formal jobs in the month, with 227,900 of a total of 313,900 jobs created last month. When broken down by economic sector, only small businesses posted a positive balance in . . .

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