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Talent Solutions – Latin America Q1 2023 | 42 Labor Statistics 2,802 Open Positions Moderately Difficult 4,001 Open Positions Moderately Difficult 4,303 Open Positions Moderately Difficult 4,240 Open Positions Moderately Difficult 55,012 Open Positions Slightly Difficult Healthcare Banking & Financial Services Technology Manufacturing All Jobs Median Salary Open Positions $7,835 Median Salary Open Positions $10,120 Median Salary Open Positions $13,405 Median Salary Open Positions $5,590 Median Salary Open Positions $6,860 BRL 39,250 BRL 50,700 BRL 67,150 BRL 28,000 BRL 34,350 Sao Paulo TalentNeuron As at Q1 2023 2020 Total Labor Force (000s) 12,374 12,281 Employed Workers (000s) 11,270 10,618 Unemployed Workers (000s) 1,103 1,663 Unemployment Rate 8.9% 13.5% Ave Monthly Real Wage – Metro Area (Q4 2022) Change % Compared to Q4 2019 Brazil ( Average) All Jobs R$3,957 -5% R$2,727 Service / Merchants R$2,486 5% R$1,989 Elementary Occupations R$1,552 -1% R$1,250 Science Professionals R$7,118 -11% R$5,665 Mid Level Professionals R$4,276 -2% R$3,543 Admin, Support Workers R$2,286 3% R$2,137 Federal Minimum Wages were increased in May 2023. The new general minimum wage is R$1,320 per month. Sao Paulo has state legislation which may set a higher minimum wage than the Federal rate. https://sidra.ibge.gov.br/tabela/ Minimum Wages Average Wage by Selected Sector Hiring Demand Trend for All Positions Hiring Demand Trend by Selected Job Function Change in Labor Statistics Over Time Hiring Situation for Selected Industries