More Jobs and Better Wages in Brazil 2004

Brazil’s industrial employment registered stabiliy in November, 2004, compared with October. This finding of the Monthly Industrial Survey of Employment and Salaries, referring to last November, was just announced by the Brazilian Institute of Geography and Statistics (IBGE).

When compared with November, 2003, there was a 4.2% growth. In the cumulative result for 2004, through November, the variation in industrial employment amounted to 1.7%, while the overall figure for the 12-month period through November showed a rise of 1.4%.


In the November year-to-year comparison, hirings outstripped firings in 13 of the 14 locations included in the survey. São Paulo was especially noteworthy, with increases in 11 sectors, among them machinery and equipment, up 25.7%, and food and beverages, up 12.4%.


With respect to workers’ salaries, the November year-to-year comparison shows a 6.9% improvement.


The results were positive in all the locations surveyed, again with special mention going to São Paulo, where the increase amounted to 6.8%.


Workers’ salaries throughout 2004 have evidenced positive results due to gains in the salary mass and the decline in inflation rates.


“These salary gains stem from the expansion of industrial activity, the positive movement of industry this year,” informed the economist Denise Cordovil, of the Coordination of Industry of the IBGE.


Translation: David Silberstein
Agência Brasil

Tags:

  • Show Comments (1)

  • Guest

    Kayla trumbauer
    I can’t find anything from brazil or anything else about brazil can you help me at all.

Your email address will not be published.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

85% of Businessmen in Brazil Betting They’ll Make More Money This Year

Brazilian businessmen are more optimistic for 2010 regarding their revenues. That’s what the Serasa ...

Brazil’s Finance Minister Wants Independent Central Bank

Brazil’s Minister of Finance, Antônio Palocci, recalled today that during the last two years ...

In Over 50 Countries Brazil’s Simas Spells Sweet Treat

The sweets produced by Simas, company in the city of Macaí­ba, in Brazil’s northeastern state ...

Brazil and Tunisia to End Visa Requirements Between Both Nations

The need for greater cultural interaction between Brazil and Tunisia was one of the ...

Cover story July 95

For decades, oil in Brazil has been a state monopoly and the vast majority ...

Lost Your Job on Wall Street? Head for Brazil!

The financial crisis which has hit American and European banks has cost tens of ...

Brazil Offers to Help Bring Venezuela and US Closer Together

Brazil’s presidential aide for International Affairs, Marco Aurélio Garcia, says he spoke with Robert ...

Polls Show Lula Losing Reelection in Brazil to Josí© Serra

Brazilian opposition candidate José Serra has become the top presidential contender in Brazil, according ...

Presidents Lula and Bush

Lula’s Popularity is Low in the Americas, But Bush’s Is Even Lower

Ecuador's president Rafael Correa is the Latin American leader with most support in the ...