BRAZIL · ECONOMY
Key Facts
—The headline: Brazil opened 85,888 formal jobs in April 2026, the weakest month of the year and second-worst April since the Novo Caged series began in 2020.
—The miss: The result came in far below the Broadcast survey median of 211,100 and the Reuters consensus of 230,000, with March having delivered 227,974 net jobs.
—Year-to-date: January-April formal hiring totalled 699,762 posts, down 23.4 percent from the same period in 2025 and the weakest first quadrimester since the 2020 pandemic year.
