Real Income Gets Modest Boost in Brazil

In January, the real average income of workers in the six main metropolitan regions of Brazil that are studied by the Brazilian Institute of Geography and Statistics (IBGE) grew 2.2% when compared to December, reaching US$ 352.44, at current exchange rates. In comparison to January 2004, income grew the same 2.2%.

The figures of the Monthly Employment Study show that the greatest income increases from December to January took place in the southeastern Brazilian metropolitan regions of Belo Horizonte, (Minas Gerais state) where the growth reached 4.2%, Rio de Janeiro (Rio de Janeiro state – 3.2%) and São Paulo (São Paulo state – 2.6%).


Worker income dropped in the northeastern metropolitan regions of Recife, 2.3% and Salvador, 1.3%, and 0.4% in Porto Alegre, in southern Brazil.


The Distrito Federal, where the capital Brasilia is located, accodring to earlier data remains Brazil’s leader in per capita income, a position it has held since 1995.


The report on regional income for the period 1985-2001, by the IBGE showed  that in 2001 average per capita income in the Distrito Federal was 15,725 reais (per year – which is the equivalent of around US 5,200).


In second place was São Paulo with 10,642 reais (US$ 3,500), in third Rio de Janeiro with 10,160 reais. In last place was Maranhão with 1,796 reais (almost US$ 600).


ABr

Tags:

You May Also Like

No Good Intentions

It’s a good bet that President Fernando Henrique Cardoso will close out his second ...

Certification Is the Way to Internationalization, Brazil Concludes

More than 3,500 men and approximately 400 machines are already at work in the ...

After a Year of Growth São Paulo’s Industrial Job Offers Go Down

São Paulo’s industrial sector has created 100,000 jobs since January, an increase of 3.87%, ...

Press Freedom Gets Better, But It’s Still Dangerous to Be a Reporter in Brazil

The world ranking for freedom of press in 175 countries as reported by French ...

Brazilian House of Representatives

By Almost Doubling Their Salaries Brazilian Congress Demoralized Democracy

Eduardo Bueno is a well-known Brazilian historian with the rare quality of also being ...

It Serves US Right

In the 80’s, Osama Bin Laden was the right arm of the CIA against ...

Best-seller Books, Plays and Movies

By Brazzil Magazine Conversa Privada (Private Talk)—Comedy. The idea is to tell the public ...

Foreign Tourism Grows 10% and Hits New Record in Brazil

Foreign tourists who visited Brazil during the month of February generated a turnover of ...

Anti-Americanism Is Hurting Brazil, Says Former Brazilian Ambassador to the US

The man who represented Brazil in Washington for the last three years is very ...

Brazil’s Emissary of Samba

Samba brings instantaneous images of Rio’s world-famous Carnaval, of fabulously decorated floats, enormous drum ...