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Latin America Market Report Q1 2023

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Talent Solutions – Latin America Q1 2023 | 40 637 Open Positions Moderately Difficult 677 Open Positions Moderately Difficult 1,073 Open Positions Moderately Difficult 386 Open Positions Moderately Difficult 8.863 Open Positions Slightly Difficult Healthcare Banking & Financial Services Technology Manufacturing All Jobs Median Salary Open Positions $9,245 Median Salary Open Positions $10,960 Median Salary Open Positions $14,415 Median Salary Open Positions $5,830 Median Salary Open Positions $7,535 BRL 46,200 BRL 54,900 BRL 72,200 BRL 29,200 BRL 37,750 Rio De Janeiro TalentNeuron As at Q1 2023 2020 Total Labor Force (000s) 6,664 6,638 Employed Workers (000s) 5,910 5,645 Unemployed Workers (000s) 753 992 Unemployment Rate 11.3% 14.9% Federal Minimum Wages were increased in May 2023. The new general minimum wage is R$1,320 per month. Rio De Janeiro generally has a higher minimum wage than the Federal minimum and 6 different salary ranges based on skill. Minimum Wages Ave Monthly Real Wage – Metro Area (Q4 2022) Change % Compared to Q4 2019 Brazil ( Average) All Jobs R$3,627 1% R$2,727 Service / Merchants R$2,180 -5% R$1,989 Elementary Occupations R$1,338 -5% R$1,250 Science Professionals R$6,926 -5% R$5,665 Mid Level Professionals R$4,128 4% R$3,543 Admin, Support Workers R$2,602 2% R$2,137 https://sidra.ibge.gov.br/tabela/ Average Wage by Selected Sector Hiring Demand Trend for All Positions Hiring Demand Trend by Selected Job Function Labor Statistics Change in Labor Statistics Over Time Hiring Situation for Selected Industries

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