National

Brazil creates fewer formal jobs than expected in April

By Reuters Reuters
FILE PHOTO: A worker operates on the bus body production line at the factory of Marcopolo, one of the world's largest bus manufacturers with operations across multiple continents, in Caxias do Sul, Brazil, March 25, 2026. REUTERS/Diego Vara/File Photo
FILE PHOTO: A worker operates on the bus body production line at the factory of Marcopolo, one of the world's largest bus manufacturers with operations across multiple continents, in Caxias do Sul, Brazil, March 25, 2026. REUTERS/Diego Vara/File Photo Diego Vara Reuters

BRASILIA - Brazil's economy created a net 85,888 formal jobs in April, data from the Labor Ministry showed on Thursday, well below the 230,000 net openings expected by economists in a Reuters poll.

• The net figure accounts for 2,268,655 jobs opened and 2,182,767 closed during the period, the ministry said.

• Job creation was the slowest for any month so far this year and marked the weakest April performance since 2020.

• From January to April, a net of 699,762 formal jobs were created in Brazil, an about 23% decline year-over-year.

(Reporting by Bernardo Caram; Writing by Fernando Cardoso, Editing by Iñigo Alexander and Natalia Siniawski)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published May 28, 2026 at 11:19 AM.

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