The Leading Indicator of Employment (ICD) of the Brazilian Institute of Economics (FGV/IBRE) decreased by 4.6% in March compared to the previous month - the biggest drop since December 2007. According to the institute, the decrease reverses the growth trend in the unemployment rate over the past four months, but we cannot affirm that the number of hirings will increase in the following months. A small reduction in the unemployment rate is expected this month, although the future trend shows a reduction in the generation of jobs over time, warned IBRE's researcher of Applied Economics, Fernando de Holanda Barbosa Filho. The scenario where we are inserted shows that the generation of jobs is becoming weaker, and this has been combined with the reduction in the unemployment rate caused by the economically active population, he explained.The ICD consists of disaggregated data from the Consumer Survey, which looks at the perception of the respondent compared to the labor market.Leading Indicator of EmploymentThe Antecedent Indicator of Employment (IAEMP) showed a slight decline of 0.5% in March compared to February, which in IBRE's opinion means the end of the adjustments period observed in late 2013, after June's demonstrations. Also according to Holanda, the number is not enough to determine whether there will be a further slowdown in the hiring pace for the coming months.The items that contributed to the worsening of the IAEMP were the degree of satisfaction with the business industry (which decreased 3%), and the expectation of services focused on business, which decreased by 1.8%.