Hot job market

Marli Moreira

Reporter from Agência Brasil

São Paulo – Alexandre Loloian, coordinator of the Employment and Unemployment Survey (PED) at the State Foundation for Data Analysis (Seade), believes that the supply of job openings should increase in the second half of this year. According to him, the job market, in general, becomes more active in the last six months of the year compared to the first half.

"The trend is for employment to grow in the second half of the year," said the economist, commenting on the results of the survey, conducted in conjunction with the Inter-Union Department of Statistics and Socioeconomic Studies (Dieese), in seven metropolitan regions.

The economist highlighted that the situation found by PED in June was not as bad compared to the data released on the 24th by the Brazilian Institute of Geography and Statistics (IBGE) in the Monthly Employment Survey (PME).

Dieese economist Ana Maria Belavenuto also predicts a market reaction in the coming months. According to her, the tax relief policy for companies will sustain the supply of jobs.

According to the PED (Employment and Unemployment Survey), the unemployment rate fell in June, from 11,2% in May to 10,9% of the Economically Active Population (EAP) across the seven metropolitan regions assessed.

Among the 39 municipalities in the São Paulo metropolitan region, the rate reached 11,3% in June, compared to 11,4% in May. In June of last year, the rate was 11,2%, and in the same month of 2011, it was 11%. The lowest indicator was recorded in 1989, when it reached 9,7%.

The number of people in the region seeking employment in June totaled 1,225 million, 10 fewer compared to May. In June, 18 jobs were created. The largest increase (0,7%) was seen in the trade and automotive repair sector, which added 13 new hires, followed by construction with a growth of 0,3% (equivalent to 2 jobs); services with 0,2% (11 jobs); and manufacturing with 0,2% (3 jobs). In the region, average incomes grew by 1,5%, reaching R$ 1.743.