Commerce creates 16,273 jobs in July, a monthly increase of 27.6%, says FecomercioSP

Commerce in the state of São Paulo registered a net creation of 16,273 formal jobs in July. The result came from 122,379 admissions and 106,106 dismissals, and is the best since November 2021 (37,923 jobs).

The performance was 27.6% higher than the previous month, in June – consolidating the biggest increase in margin recorded in 2022 for the criterion. Compared to July 2021, however, there was a decrease of 32.0% in the creation of formal jobs.

The information is from the Employment Survey (Pesp) of the Federation of Trade in Goods, Services and Tourism of the State of São Paulo (FecomercioSP), which uses data from the General Register of Employed and Unemployed (Caged), from the Ministry of Labor.

Retail leveraged the positive trade balance in July, at the margin. The segment created 10,473 jobs. The resumption, according to FecomercioSP, occurred mainly in activities that sell non-postponable consumer goods, as is the case of the foodstuffs segment.

“Public sector programs and initiatives to inject resources into the economy, in general, contribute to the evolution of the labor market, as well as to the advancement of credit (and, consequently, of family indebtedness). This scenario is conducive to business revenue and the advancement of business confidence, boosting the generation of new jobs,” the federation said in a note.

Services, on the other hand, generated 20,030 formal jobs, the lowest performance recorded this year. The sector recorded 38,766 in June this year and 40,762 in July 2021.

Transport, storage and mail services (4,579 places), health and social services (4,459) and accommodation and food (3,991) had the biggest contributions to the result of this disclosure.

In the capital of São Paulo, commerce generated 4,994 jobs with a formal contract in July and services, 7,295 posts.