The machinery and equipment sector experiences high employment

The machinery and equipment industry sector recorded at the beginning of 2023 that a part of the jobs lost during the last quarter of 2022 was recovered

Second Report of the Brazilian Association of Machinery and Equipment Industry (Abimaq), the machinery and equipment industry sector recorded in early 2023 that part of the jobs lost during the last quarter of 2022 have been recovered. The sharp slowdown in activity in the machinery and equipment manufacturing sectors has led to layoffs in this branch. Nearly 10,000 jobs were lost during this period, reducing the number of employees from 400,000 to 390,000. Some jobs were restored in the first quarter of this year, bringing the total employed in the machinery and equipment industry to 395,000. However, the sector still has a shortfall of 5,000 employees compared to September 2022 levels.

In the previous month the data presented had already been positive. The machinery and equipment sector had managed to increase its headcount by just over 4,000 people. In February there was a growth of 0.5% on a monthly basis, for a total of 394,000 employed. This is the second consecutive recovery in hiring, after the decline observed in the last quarter of 2022. Industries supplying machinery for the durable and semi-durable goods, civil construction and infrastructure sectors contributed to the increase in hiring.

Also in the report that presented the March 2023 result in the machinery and equipment industry sector, the data on installed capacity was presented. After undergoing major adjustments in the level of utilization in December 2022 and January 2023, the machinery and equipment manufacturing sector has managed to recover, reaching an employment rate of 78% of its installed capacity in the last two months.

José Antônio Valente, director of the leasing of machinery and equipmentTrans Obra said the positive numbers of people employed in the machinery and equipment industry reflect the expectations and planning of companies in the sector. The change in installed capacity, which is also an index of growth, is also very important for the sector, as it can mean that companies are willing to make greater investments, thus preparing the sector for medium-long term growth. “Companies that sell or rent large machinery and important equipment, offering services such as rental of concrete polishing machinesair compressors, tools or small machines for the industrial sector should evaluate the results of the sector and combine this current data with previous planning and verify where to allocate skilled labor for the sector in order to offer quality products and services, not forgetting that the practice of training and investing in courses for professionals is also very valuable, both for the worker and for the employer”.

Website: https://www.transobra.com.br

Source: Terra

Rose

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