FX.co ★ Brazil's CAGED Net Payroll Jobs Drop to 244.32K in March 2024

Brazil's latest employment data shows a decline in CAGED Net Payroll Jobs to 244.32K in March 2024, down from the previous indicator of 306.11K. The CAGED Net Payroll Jobs metric reflects the difference between hires and layoffs in the formal job market. This decrease comes amidst economic challenges and uncertainties in the country. The data, recently updated on 30th April 2024, underscores the importance of monitoring labor market trends as Brazil navigates through evolving economic conditions.