Brazil creates 280.6 formal job posts in May

The number of workers formally hired in May this year was higher than the total of people fired in the formal labor market. According to the Economy Ministry, 1,548,715 admissions and 1,268,049 layoffs.

The data come from the General Registration of the Employed and Unemployed, whose monthly update was published Thursday (Jul. 1) in Brasília.

With a monthly balance of 280,666 job posts in May, the national stock of formal jobs reached 40,596,340, with a positive variation of 0.7 percent compared to April’s 40,315,674.

Among the sectors of the economic activities that saw better employment results are services, with 110,956 job openings, especially linked to information, communication, and financial, estate, professional, and administrative activities. Next come trade (60,480 posts); general industry (44,146 posts): agriculture, forest production, fishing, and aquaculture (42,526 posts); and construction (22,611 posts).