Even with the closure of jobs in 14 states, the average number of jobs in the sector grew by 1.88% in the country in 2019. The focus of the recovery of the real estate market is concentrated in the Southeast.
In São Paulo, the civil construction industry had a recovery from one of the biggest historical crises, but in most of Brazil the sector is different, with a slow reaction.
In 2019, according to a survey by the Civil Construction Union of the State of São Paulo (SindusCon-SP), the job closure policy was maintained in 14 states in the country.
However, there was an increase of 1,88% in the average number of construction jobs in the country. Growth in part driven by the State of São Paulo, which last year concentrated 27% of vacancies in the sector in Brazil.
According to data from SindusCon, the recovery of one of the biggest and main engines of the economy is centered in the Southeast. In part of the South and in some capitals of the Northeast region. Northern states, where the economy mainly depends more on public policies and where housing assistance projects such as Minha Casa Minha Vida are more popular, have yet to show signs of recovery.
Even in the State of São Paulo, where the numbers are positive, the opinion is uneven. Where growth is mainly concentrated in the capital. A survey by the Housing Union (Secovi-SP) shows that the number of launches in the city increased by 49.6% in 2019, while in the metropolitan region it decreased by 4.1%.
Even in the State of São Paulo, where the numbers are positive, the recovery is uneven. It is mainly concentrated in the capital. Research by Secovi-SP (Union of Housing) shows that the number of launches in the city grew by 49.6% last year, while in the metropolitan region it decreased by 4.1%.
Economist Ana Maria Castelo, from the Brazilian Institute of Economics (FGV/Ibre), claims that between 2006 and 2013, growth did not start with the same intensity throughout the country, even though it was a period of great leap in the sector, only later it spread. “There was the PAC (Growth Acceleration Program), for example, a factor that contributed to growth throughout the country. Today, there is not a dynamic force with the same intensity”, she says.
