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MIL OSI Translation. Region: Portuguese / Latin America –

Source: Republic of Brazil 2

RESUMEDBetween July and September 2020, micro and small companies generated 443 thousand jobs

By Rafael Brais, with information from Sebrae

Small and micro companies represent 95% of the enterprises in tourism. Credit: disclosureBrazil remains strong in the recovery of employment and income for the population. According to the Ministry of Economy, in an analysis carried out by the Brazilian Micro and Small Business Support Service (Sebrae), small businesses were the ones that reacted more quickly to the crisis, recovering around 443 thousand jobs in July, August and september. Micro and small businesses account for 30% of everything produced in Brazil and are responsible for more than half (55%) of the country’s jobs. In tourism, they represent almost all (95%) of the sector’s enterprises, encompass millions of jobs and provide leisure, entertainment and fun for millions of other visitors. Medium and large companies also demonstrate good performance, but on a smaller scale : they created 245 thousand vacancies in the same period. The figures also point out that in July the balance in job creation for micro and small companies was 2.4 times greater than that of medium and large companies. In the months of August and September, the balances of MSEs were 76% and 66% higher than medium and large, respectively. The Minister of Tourism, Marcelo Álvaro Antônio, highlighted the importance of these companies to the sector and highlighted MTur’s actions for strengthen them. “The Ministry of Tourism is always working on qualifying, offering credit and improving these developments that feed thousands of families across the country,” he declared. As an example, he mentioned the incentives for new businesses and the improvement of services, promoted by Investe Turismo, in addition to the release of R $ 5 billion, via Fungetur, to help the sector, so affected by the coronavirus pandemic. including the months prior to the arrival of the Covid-19 pandemic), the data show that, between layoffs and hiring, small businesses had a better balance, with around 40,000 fewer layoffs than medium and large sized ones. In the economy as a whole, between January and September, the balance was negative at 559 thousand vacancies. Employment figures * In the months from March to June, micro and small companies laid off about 1 million workers. In the same period, medium and large companies closed 605 thousand jobs. * Between July and September, small businesses hired 443 thousand people, while medium and large opened 245 thousand jobs. * In accumulated, between January and September, micro and small firms laid off 294 thousand people, compared to 333 thousand laid off in medium and large companies. * Public Administration generated a positive balance of 13.4 thousand vacancies in 2020. Edition: Vanessa Castro

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure is not perfect.

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