The Leading Indicator of Employment (LIEmp) by the Brazilian Institute of Economics (FGV/IBRE) decreased 1.2% in August 2014 compared to the previous month, reaching 73.6 points, its lowest level since May 2009 - considering seasonally adjusted data. This is the sixth consecutive decline of the index, showing the continued deceleration trend of the hiring pace for the third quarter.According to the researcher of FGV/IBRE, Fernando Holanda Barbosa Filho, the decreases accumulated since March for the LIEmp reinforce the deceleration observed in the generation of jobs in the Brazilian labor market. He stated that the index is in line with the low job creation, as evidenced by the Monthly Employment Survey of the Brazilian Institute of Geography and Statistics (PME/IBGE), and the creation of new formal jobs, as shown by the indicators of the General Register of Employed and Unemployed of the Ministry of Labor and Employment (CAGED/MTE). Also according to Fernando, the results also indicate that this slowing trend should continue in the coming months.The Leading Indicator of Unemployment (CIU), also calculated by FGV/IBRE, recorded the fifth consecutive increase when it changed 5.8% between July and August 2014, considering data free of seasonal influences. This was the greatest change since July 2013 (7.1%). The result shows that, in the perception of consumers, labor market conditions have worsened during the month of August.The CIU shows an increase trend in the unemployment rate since April 2014. This trend reflects the dissemination, among the different income classes, of the perception of deterioration in the domestic labor market, even though the classes with higher incomes express that more acutely. Therefore, such as the LIEmp, the CIU indicates a deterioration trend in the labor market with a possible increase in the unemployment rate, as soon as the Economically Active Population, measured by the Brazilian Institute of Geography and Statistics (IBGE), down since October 2013, stops declining, said Fernando de Holanda Barbosa Filho.Please click here for more information about the LIEmp and the CIU (in English).