Labor market indicator hits lowest level since April

The Leading Employment Indicator (Iaemp), measured by the Getulio Vargas Foundation (FGV), retreated 4.1 points from October to November. Thus, it reached 83 points, the lowest level since April this year (78.9 points).

Iaemp seeks to anticipate labor market trends in the country in the coming months, based on interviews with consumers and entrepreneurs in the industry and services.

In November, the seven components of the Iaemp had a fall, with emphasis on the current situation of business in the service sector and the expected employment in the industry.

Text translated using artificial intelligence.

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