Global Data Pod Latin America: Brazil’s labor market may be tighter than it looks
In this podcast we investigate the strength of Brazil’s labor market. In particular, we use the formal jobs quits rate to gauge labor demand in the country. We find that labor market conditions have tightened beyond the reported official labor data in the last couple of years.
This podcast was recorded on March 21, 2022.
This communication is provided for information purposes only. Institutional clients can view the related report at www.jpmm.com/research/content/GPS-4036404-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2022 JPMorgan Chase & Co. All rights reserved.
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