In the Brazilian retail trade sector, the number of employees (excluding motor vehicles and motorcycles) is projected to increase consistently from 6.7241 million in 2024 to 7.0094 million in 2028. This indicates steady growth post-2023, where employment was at a lower, actual level.

Year-on-year growth from 2024 to 2025 is forecasted at approximately 1.1%, followed by similar gradual increases through to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to hover around 1% annually, demonstrating a stable yet modest upward trend.

Future trends to watch for include:

The impact of digital transformation in retail, potentially shifting employment patterns.
Economic factors affecting consumer spending and retail demand.
Government policies influencing labor markets and employment laws.