Brazil registers more than 253,000 new formal job openings in October

Brazil created 253,083 new vacancies for Work with a formal contract in October 2021. There were 1,760,739 admissions and 1,507,656 dismissals in the country over the past month, according to data from the General Register of Employed and Unemployed (Caged), released by the Ministry of Labor and Welfare this Tuesday (30).

In 2021, the balance is 2,645,974 new formal jobs, resulting from 17,209,495 admissions and 14,563,521 dismissals (with adjustments until October 2021).

The highlight of October was again in the services sector, with the creation of 144,641 jobs. Following the trade, with 73,355. Industry registered 26,697 new jobs, construction 17,236 and agriculture and livestock had retraction, with 5,844 fewer.

“The data have revealed the recovery of the economy and of formal work in the country, confirmed by the Pnad, released today,” stated the Minister of Citizenship Onyx Lorenzoni, commenting on the balance of jobs in October.

The minister also highlighted the numbers referring to the pandemic, such as the increase in beds and the advance of vaccination in the country. “As President Bolsonaro says, there is no health in poverty. And the government, despite the attacks it suffered, did not neglect the economy. It is necessary to remember that Pronampe protected millions of companies, small companies. We protect jobs. We were able to overcome the biggest health crisis since the Spanish flu”.

The Northeast region had the greatest relative variation in the country, with 0.78% growth in jobs. In absolute numbers, the Southeast stands out with a balance of 121,409 new vacancies. Among the states, 26 had a positive balance, the exception is Amapá.

Of the new hires, 1,033,650 were men and 727,089 women. The age group with the most contracts is between 18 and 24 years old, with 526,270 of the contracts. Then, the age group from 30 to 39 years old, with 474,591.

Unemployment

The IBGE (Brazilian Institute of Geography and Statistics) also released this Tuesday morning the Continuous National Household Sample Survey (PNAD) data, pointing out that the unemployment rate dropped to 12.6% in the moving quarter from July to September 2021 , a drop of 1.6 percentage point compared to the quarter from April to June 2021 (14.2%).

In comparison with the same moving quarter of the previous year, July to September 2020, when the rate was estimated at 14.9%, the drop was 2.2 points.

Pnad and Caged

Both surveys bring data on work and employment. However, the survey carried out by the IBGE is broader, with information related to informal employment, which Caged cannot achieve, as it only refers to the records of formal employment contracts sent by companies, as explained by the director of CNN Brasil Business, Fernando Nakagawa.

Caged brings records of admissions and dismissals of employees hired under the Consolidation of Labor Laws (CLT), and is used by the Unemployment Insurance Program to analyze information and pay benefits. The service is linked to the Secretariat of Labor of the Ministry of Economy.

Revision

Although the year 2020 registered the biggest drop in economic activity since 1990, the strong generation of jobs in the year was a reason for celebration by the economic team. That’s because, according to Economy Minister Paulo Guedes, this was the big difference between the 2020 recession and the 2015 and 2016 recessions.

However, the generation of formal jobs in 2020 fell by 46.8% after updating lagged data. The comparison is possible through the Caged document presented in January this year, with the accumulated data for 2020, and the Caged panel numbers updated with new information received.

Commenting on the review, the minister stated that “there is no change from a qualitative point of view” considering the phenomenon of job generation.

(In update)

*With information from Ligia Tuon, Anna Russi, João Pedro Malar and Juliana Elias, from CNN Brasil Business