The Antecedent Employment Indicator (Iaemp), measured by the Getulio Vargas Foundation (FGV), fell by 5.3 points from December 2021 to January 2022. It was the third consecutive decline. It reached 76.5 points, the lowest level since August 2020 (74.8 points).
Iaemp seeks to anticipate trends in the job market, based on interviews with consumers and entrepreneurs in the industry and service sector.
fall in january
All components fell in January. The main negative highlight was the indicator of the current situation of the industry’s business, which contributed with -1.6 points to the 5.3 point drop in the Iaemp. The business trend in the next six months and the hiring intentions in the next three months of the service sector also had significant setbacks, which contributed with -1 and -0.9 points, respectively.
“The sharpest worsening at the beginning of 2022 stems from the combination of the economic slowdown that started in the fourth quarter with the outbreak of Omicron and Influenza, which mainly affects the service sector, which is the largest employer, making it difficult to see a change in the short term. in the course of the indicator”, said researcher Rodolpho Tobler, in a note released by FGV.
