• Categories
  • Archives

After Two Years Jobs Start to Fall in Brazil

In September, Brazilian industry interrupted a 2-year trend, when it had a higher number of job dismissals than new employments. In September, the number of industry workers dropped 0.03% in relation to August. But, when compared to September of last year, it increased 2.19%.

In spite of the reduction in job generation, the sum of the salaries of all industry workers’ keeps growing. In comparison to August, real salary improved 0.43% in September.

And when compared to September of last year, the increase was even higher: 7.43%. It is the seventh consecutive high for this indicator.

These data are presented in the Industrial Indicators report, released this Tuesday (8), by the National Confederation of Industry (CNI).

CNI economist, Paulo Mól, explained that this real salary improvement does not reflect a favorable industrial performance, but that it is a direct consequence of inflation reduction, which improved the purchasing power of salaries.

ABr

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Partnerships Will Reduce Poverty in Brazil, Says US Commerce Secretary

According to the United States Secretary of Commerce, Carlos Gutierrez, trade partnerships based on ...

Cuba Asks Brazilian President’s Help to End US Embargo

Cuba's interim president Raul Castro requested advise and help from Brazil's President, Luiz Inácio ...

Brazil Finds Out It Has Too Many Plans and Too Little Coordination

Several Brazilian groups have got together and began drawing up a proposal for a ...

Old Tales and Wild

Juvenal was a stutterer. When narrating the games he would finish describing the moves ...

Otaviano Canuto: This Brazilian Keeps an Eye on the World’s Poverty

Who is the World Bank Vice President of the Poverty Reduction and Economic Management ...

Soybean Accelerates Brazil’s Deforestation

The Socio-Environmental Institute (ISA) and the Brazilian NGO Forum published a study demonstrating a ...

Despite Reduced Planted Area, Brazil’s Agriculture Grows 2.9%

New information just released by the Brazilian government shows that Brazil's agricultural production generated ...

Life’s a Beach

Postcards from Rio By John Miller Postcards from Rio TV News I have been ...

Brazil Ships 13,000 Live Cattle to Lebanon

Another 13,000 live cattle were embarked, Wednesday, November 2, from the port of Rio ...

Ten Brazilian Entrepreneurs Get Knowledge Medal

Brazil’s 2005 Knowledge Medal (Medalha do Conhecimento), was awarded to ten businessmen by Brazilian ...