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Paraná, Goiás, and Mato Grosso Are the States That Expanded the Most with Agribusiness and Job Generation
The agribusiness sector, while not a major job creator like the business and services industries, is a sector that drives the municipalities in the countryside of the country, in the economy and in the generation of new jobs. The three states that expanded the most in the sector were Paraná, Goiás, and Mato Grosso.
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Fabio Bentes, Chief Economist of the National Confederation of Trade in Goods, Services, and Tourism (CNC), conducted a study among the 100 cities that created the most formal jobs this year up to September; 26 are located in three states, and these two states also increased agricultural income in the 2019/2020 harvest.
First, there are 11 cities in Paraná, followed by Goiás with 9 and Mato Grosso with 6 municipalities. It is important to highlight that, according to a study by MacroSector Consultores, Paraná is the state with the highest increase in cereal revenue this year (53.8%), followed by Goiás (36.3%) and Mato Grosso (33.2%).
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The prospector who heard about the advance of soy in Maranhão and opened a grocery store in Balsas in 1986 transformed that small store into Grupo Mateus, the third largest supermarket in Brazil, with revenues of R$ 43.5 billion and 490 units.
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Fiserv, the world’s largest payment processor, has just inaugurated its first factory outside Asia in Brazil. The unit in Betim (MG) will produce 100,000 Clover payment terminals per year and is part of a US$100 million investment that includes technology and expansion until 2027.
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Fiserv, the world’s largest payment processor, has just opened its first factory outside Asia in Brazil. The unit in Betim (MG) will produce 100,000 Clover payment terminals per year and is part of a US$100 million investment that includes technology and expansion until 2027.
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Pix could become a headache between Brazil and the US, and the Lula government will go to the White House to explain the system before pressure mounts.
To reach this result, Bentes considered the number of official employees in each city through the “Annual List of Social Information” from the Ministry of Economy, and compared this information with the microdata from the “General Employment and Unemployment Register” up to September. These three states accounted for 14% of the country’s full-time workers, and this proportion increased to 26% of the 100 cities with the most jobs this year.
Fábio also shows that there is no capital in the 100 most dynamic cities in the activities of the sector, “This reveals that the Brazilian economy, today, depends more than ever on agribusiness to avoid an even worse performance.”
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