Brazil: Small businesses were the biggest job generators in March

RIO DE JANEIRO, BRAZIL – A survey conducted by the Brazilian Micro and Small Business Support Service (Sebrae), based on data from the General Cadastre for Employed and Unemployed (Caged), shows that micro and small businesses (MPE) expanded their proportional participation in the generation of new jobs in the country last March.

According to Sebrae, the segment opened 88.9% of all vacancies in the third month of this year. According to the data, small businesses accounted for more than 1 million admissions and a positive balance of 121,000 jobs.

Brazil has already registered a balance of 615,000 new jobs in the accumulated total for the year, with micro and small companies being the major suppliers of employment, with 430,000 vacancies corresponding to 70% of the total. The survey indicates that medium and large companies recorded a balance of 148 thousand jobs, 24.1% of the total.

The scenarios are relatively similar, comparing the first quarter of 2021 and the first quarter of this year. “All sizes of companies showed positive balances, and the MSEs had results almost three times higher than the medium and large”.

SERVICES LEAD THE WAY

According to Sebrae, the services sector continues to be the biggest generator of jobs. In March, the MSEs in this segment hired 74,255 people, with a total, so far, of 273,698 new jobs in 2022.

Both the MSEs and the medium and large companies (MGE) showed lower employment balances in commerce. However, in the year’s accumulated total, the medium and large companies were the ones that closed the most jobs: 43,361 dismissals in the MGE, against 17,434 in the micro and small companies.

With information from Agência Brasil

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