In brief
IBGE released on September 4 the first official portrait of platform work: about 1.8 million people had it as their main occupation in 2025, a figure Poder360, InfoMoney, Valor and Estadão round to nearly 2 million.
These workers put in longer hours and earn less per hour than other employed people, per Correio Braziliense and BBC Brasil, and only a third contribute to social security, per Valor.
Correio Braziliense records 368% growth since 2022 and O Globo reports that lack of jobs weighs more than flexibility in the choice, feeding the debate on platform regulation.
What we know
04Verified fact
Per Valor, only a third of app workers contribute to social security.
It measures the effect on social security revenue.
Sources[07]
Transmission to assets
Market read-through
For platforms, an official contingent of nearly 2 million gives scale to the cost of any regulation on minimum pay or social security contributions.
For the labor marketLabor marketMacroBrazil's employment indicators — Caged (formal payrolls, Labor Ministry), Pnad (IBGE) and earnings — gauging activity and household income.Open in the Market Map ↗, the data shows app work absorbing unemploymentLabor marketMacroBrazil's employment indicators — Caged (formal payrolls, Labor Ministry), Pnad (IBGE) and earnings — gauging activity and household income.Open in the Market Map ↗, which helps explain the low jobless rate with lower hourly income.
Portfolio impact
01The official sizing feeds ongoing regulation, whose cost falls on platforms and whose reach depends on the number of workers.
Mixed and medium term; no direct effect on a B3 issuer.
What would change the view: The read changes with the final regulation design and the Supreme Court ruling on employment ties.
Direction is an explanatory hypothesis, not a forecast or recommendation.
Next signals
What to watch
- Progress of the app-worker regulation bill in Congress.
- The Supreme Court ruling on employment ties for app drivers.
Limits of the reporting
What remains uncertain
- Outlets differ between 1.8 million and 2 million depending on the cut (main occupation or any occupation).