Brazil creates more than 306 thousand formal jobs in February

The Ministry of Labor and Employment announced this Wednesday (27) that Brazil recorded 306,111 jobs with a formal contract in February, according to data from the General Register of Employed and Unemployed Persons (Novo Caged). 2,249,070 admissions and 1,942,959 dismissals were recorded.

The sector that led the number of hirings was Services with 193,127 new jobs; followed by industry, 54,448 jobs; construction, 35,053 jobs; business. 19,724 positions; and agriculture, which closed the month with a balance of 3,759 jobs.

Last month, 24 units of the Federation recorded positive job balances. The states with the highest balance were São Paulo (101,163 posts), Minas Gerais (35,980 posts) and Paraná (33,043 posts). The states with a negative balance were Alagoas (-2,886); Maranhão (-1,220) and Paraíba (-9 positions).

The average salary for admission in February/2024 was R$2,082.79. Compared to the previous month, there was a real reduction of R$50.42 in the average admission salary, a negative variation of minus 2.36%.

Since the beginning of this year, the employment balance was 474,614 jobs, resulting from 4,342,227 admissions and 3,867,613 dismissals.

The Minister of Labor, Luiz Marinho, said that the February numbers exceeded the government’s expectations. “We hope that March will further reinforce the trend of what could happen this year,” he said.

According to Marinho, the government estimates that in 2024 the economy will grow more than last year, resulting in greater job creation. Last year, Brazil generated 1.48 million formal jobs, representing a drop of 26.3% compared to 2022 numbers.