Brazil has 277 thousand new formal jobs in May
In May this year, Brazil recorded a balance of 277,018 new formal jobs. Last month, formal admissions stood at 1,960,960, compared to 1,683,942 layoffs, as per the New CAGED (General Registry of the Employed and Unemployed), released today (Jun 28) by the country’s Ministry of Labor and Social Security. 
Thus, the total number of permanent workers—those with formal labor contracts and rights and duties governed by Brazil's Consolidation of Labor Laws (CLT)—increased 0.67 percent from April this year, from 41,448,948 to 41,729,858.
Based on national averages, the starting salary paid to workers in new jobs in May was BRL 1,898.02, BRL 18.05 less than the BRL 1,906.54 average estimated in April.
Year to date, a surplus of 1,051,503 jobs was recorded, resulting from the 9,693,109 admissions minus 8,641,606 dismissals until May.
The five major economic activities evaluated recorded positive balances in formal job creation. As in April this year, the services sector was once again outstanding, with a positive balance of 120,294 formal jobs. Next come trade-related activities (+47,557 jobs); industry (+46,975 jobs); construction (+35,445 jobs), and finally agriculture, livestock, forestry, fishing, and aquaculture (+26,747 jobs).
All five Brazilian regions posted a surplus, especially the Central-West, whose index varied 0.94 percent, with a balance of 33,978 formal job openings.
In absolute terms, the Brazilian states with the highest monthly balance in May were São Paulo, with a positive 85,659 jobs (up 0.67 percent from April), Minas Gerais (+29,970 jobs, up 0.68 percent), and Rio de Janeiro (20,226 jobs, up 0.61 percent).
All-time high
Minister José Carlos Oliveira celebrated the May results. The total of 41.72 million formal workers, he noted, is an all-time high in the country’s history.
“Some 1.5 million new jobs were created just this year, 277 thousand in May alone,” he remarked. “Early in 2022, we thought we were going to reach an estimated 1.5 million [new jobs]. […] Taking into account these first five months only, we can now dream of a much higher number.”
