Small businesses account for 72% of jobs generated in Brazil

In 12 months, more than 2 thousand formal jobs were created

Published in 03/08/2021 - 12:30 By Agência Brasil - Brasília

Small businesses showed a positive balance of 2,094,812 registered jobs, which represents 71.8 percent of posts created in Brazil. The amount is nearly three times as large as those of the medium and large companies, which hired 717,029 workers from July 2020 to July 2021, according to a survey by the Brazilian Support Service for Micro and Small Businesses (Sebrae), based on data from the Ministry of the Economy.

In June 2021 alone, micro and small firms reported 871,197 admissions, against 654,801 layoffs—a positive balance of 216,396 jobs generated. This amount accounts for 70 percent of all jobs in the country. Medium and large companies saw 663,993 admissions, against 596,048 layoffs—a surplus of 67,945 posts, 21.9 percent of the total created in Brazil.

Also according to the survey, services—one of the segments most severely hit by the COVID-19 pandemic—was the one which created the highest number of job openings. In June, firms in the sector opened 87.2 thousand new posts; followed by businesses in trade, with 63.2 thousand; the manufacture industry, with 30.9 thousand; construction, with 26.4 thousand; and agriculture, with 5.9 thousand.

Micro and small businesses from all sectors showed a positive result, unlike what happened to medium and large companies, which closed 6 thousand posts in construction, for instance.

Translation: Fabrício Ferreira[scald=256856:sdl_editor_representation] -  Edition: Kleber Sampaio / Nira Foster

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