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FX.co ★ Brazil’s Labor Market Accelerates as CAGED Net Payroll Jobs More Than Double in February

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typeContent_19130:::2026-03-31T17:30:00

Brazil’s Labor Market Accelerates as CAGED Net Payroll Jobs More Than Double in February

Brazil’s formal labor market strengthened in February 2026, with CAGED net payroll jobs surging to 255.32K, more than double the previous month’s result. The latest data, updated on 31 March 2026, show a sharp acceleration from January 2026, when net job creation had reached 112.33K.

The CAGED figures indicate a strong gain in registered employment, suggesting resilient labor demand early in the year. The jump from January to February highlights a significant improvement in formal job generation, which will be closely watched by markets and policymakers for signals on the broader economic momentum in Brazil.

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