Small businesses account for 8 out of 10 jobs created in 2023

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Research carried out by the Brazilian Micro and Small Business Support Service (Sebrae) – based on data from the General Register of Employed and Unemployed Persons (Caged) – showed that micro and small businesses (MSE) accounted for eight out of every ten jobs created in the economy in 2023.

The data shows that, of the balance of 1.48 million new jobs accumulated last year, small businesses accounted for 1.18 million new vacancies, which corresponds to 80.1%. Medium and large companies (MGE) represented 209.99 thousand vacancies, equivalent to 14.2% of the total.

This is the third year in a row that micro and small companies were responsible for the largest share of new job creation in the country. In 2023, the highlight was the services sector, which led the creation of jobs. In the year to date, this segment generated 631 thousand new vacancies. Among medium and large companies, the balance was 181.87 thousand new jobs.

Highlights

“Other sectors such as commerce (263.25 thousand vacancies) and construction (180.52 thousand) stood out among micro and small companies, with none of the sectors having a negative balance between January and December. Among medium and large companies, the other highlights were the manufacturing industry (23.5 thousand vacancies) and commerce (13.23 thousand)”, informed Sebrae.

Among economic activities, the highlights last year were the segments of restaurants and other food and beverage service establishments – 69 thousand hires; construction of buildings – balance of 58.1 thousand vacancies – and retail trade of general merchandise, with a predominance of food products – hypermarkets and supermarkets – 47.9 thousand vacancies.

In December 2023, the difference between total admissions and dismissals was similar to what occurred in recent years, with a negative balance of 430 thousand vacancies. Among micro and small companies, 178 thousand jobs were closed. In relation to medium and large companies, the negative balance was 195 thousand vacancies.

“Of the total balance of closed positions, micro and small companies (MSE) represented 41.4%, while MGE accounted for 45.4%. However, comparing the negative balance of last December with the balance of December 2022, when 455.7 thousand jobs were closed, it is possible to see that there was a reduction in the number of jobs closed”, explained Sebrae.

Among the activities that contributed most to job creation, in December 2023, are retail trade of general merchandise, with a predominance of food products – hypermarkets and supermarkets, with 7.6 thousand vacancies; the retail activity of clothing and accessories – 4.8 thousand jobs – and hotels and similar – 3.6 thousand new vacancies, concluded Sebrae.

The article is in Portuguese

Tags: Small businesses account jobs created

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