In 2018, Brazil had the first positive balance of formal positions since 2014



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The annual result was driven by the services sector, which generated 398,603 official positions in 2018

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Brazil ends fiscal year 2018 with a positive balance

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January 23, 2019 at 7:58 pm – Posted on January 23, 2019 at 10:07 am

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<p clbad= (19659007) Brasilia – The Brazilian labor market created 529,554 jobs with a formal contract in 2018, according to data from the general register of workers and Unemployed workers (The first positive annual result after a three-year drop in employment is also the best performance since 2013, when 1,138 million jobs were created in the series with adjustments. [19659008] The results for 2018 were within the range of estimates of financial market badysts surveyed by Broadcast Projections, with projections ranging from 381,600 to 671,233 places, with a median of 430,000.

In 2015, 1.534 millionvacancies have been closed. In 2016, the loss of jobs related to a formal contract rose to 1,326 million. In 2017, 11,964 jobs were lost.

December

However, in December 2018, the number of places closed was 334,462 net places with contract, as is usually the case for the last month of the year. The performance interrupted a sequence of 11 consecutive months of formal job creation, according to the seasonally adjusted series.

The December balance comes from 961,145 entries and 1,295 million layoffs. The December result was within the range of badysts' forecasts, which should rise from 373,900 to 29,127, with a median of 326,700.

Sectors

The annual result was driven by the services sector, which generated 398,603 official positions in 2018, and trade, which opened 102,007 new places with a formal contract.

The year was also positive: public services (7,849 jobs), agriculture (3,245 jobs), manufacturing (2,610 jobs) and mineral extraction (1,473 jobs). The public administration closed 4,190 places last year

By contrast, only the transaction recorded a positive performance in December, with the opening of 19,643 vacancies. The negative result for the month was influenced by the manufacturing sector balance, which closed 118,053 positions during the month, followed by the services sector, which closed 117,411 positions. In civil construction, the loss was 51,576 jobs and in the agricultural sector, 47,629.

In December, the balance of general government (-16,999 jobs) and industrial public services (-1,406 jobs ) was also negative. ) and mineral extraction (-1,031 messages).

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