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The Nexus
BUSINESSJul 7 · 09:09 UTCTHE RIO TIMESGabriela Vargas

The Real Employer in Brazil Is the Small Business Next Door

Micro and small firms constitute 99% of all companies in Brazil, provide 55% of formal-sector jobs, and account for most new hires. Brazil has approximately 22 million small businesses, with most employing up to five people.

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