Between January and October of this year, commerce in the state of São Paulo generated 78,000 new jobs. This is what the Employment Survey in the State of São Paulo points out, an index that is calculated by the Federation of Trade in Goods, Services and Tourism of the State of São Paulo (FecomercioSP).
In comparison with the same period of 2021, declines were observed in both the growth of the trade labor market (which reached 40%) and in services (8%). For FecomercioSP, this can be explained because 2021 was a strong basis for comparison, a year marked by the post-pandemic economic recovery. In addition, high inflation, more expensive credit and high indebtedness and defaults made household consumption lower in 2022.
Considering only the month of October, 14,192 CLT jobs were created in São Paulo’s commerce, a result 8.8% greater than in September of this year and 26.2% less than October of last year.
For the last quarter of this year, FecomercioSP projects the generation of 45 thousand jobs with a formal contract in São Paulo retail, close to what was registered in the same period last year (47.5 thousand).
Between January and October this year, the services sector in São Paulo created 367,685 new jobs. Only in the month of October, the balance of manpower reached 37,275, higher than in September, but lower than in October last year, when 58,290 jobs were created.
The Employment Survey in the State of São Paulo analyzes the level of CLT employment in commerce and services in the state of São Paulo based on data from the new General Register of Employed and Unemployed People (Caged), from the Ministry of Labor.