• Categories
  • Archives

Number of Jobs Up 3.5% in Brazil, But Real Wages Grow a Meager 0.1%

The salary mass of Brazilian families rose 3.6% between April and June, in comparison with the first quarter of this year.

This result is among the findings revealed by a study of the Gross Domestic Product (GDP), conducted by the Brazilian Institute of Geography and Statistics (IBGE).


According to Cláudia Dioní­sio, an economist in the IBGE’s National Accounts Section, the growth of the salary mass is the reason for the increase in family consumption.


The IBGE study shows that family consumption rose 3.1% in the second quarter, continuing an upward trend that began in the second quarter of 2004.


Other factors to which Dioní­sio attributes the increase are the growth in the number of people with jobs and loans to individuals.


“All of a sudden, someone who was unemployed and was unable to buy became a consumer. All of this facilitates and encourages consumption,” she added.


According to Dioní­sio, the salary mass expands when there are increases in income and employment.


When the second quarter of 2005 is compared with the second quarter of 2004, the percentage of the employed population grew 3.5%, and average real wages rose 0.1%.


Agência Brasil

Tags:

  • Show Comments (1)

  • Sarah Ann

    Off Subject
    Your site was informational, but it got off subject a lot.
    In Christ,
    Sarah Ann 🙂

Your email address will not be published.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

Food and Fuel Help Brazil Lower May Inflation to 0.49%

Inflation in Brazil, in May, as measured by the Broad Consumer Price Index (IPCA), ...

EU Invests in Program to Export Brazil’s Lesser Known Fruits

Ricardo Elesbão Alves, a researcher in the EMBRAPA (Brazilian Agricultural Research Company) Tropical Agroindustry ...

9 Years of Privatization Bring US$ 5 Bi in Investments to Brazil’s Railways

Brazilian railways transported 178.3 billion ton-kilometers in the third quarter of the year, according ...

Finding Foreign Buyers for Fair Trade Goods Made in Brazil

Ana Asti, the Fair Trade's consultant at non-government organization "Onda Solidária" (Wave of Solidarity), ...

South Korea Gets Green Light to Open Development Bank in Brazil

The Minister of Foreign Relations of Brazil, Celso Amorim, said yesterday that commercial relations ...

Brazilian Government Builds Condom Factory and Gives Away 1 Billion Rubbers

The Brazilian government will distribute approximately 1 billion free condoms to the population, in ...

Suzano Gobbles Up Polibrasil and Becomes LatAm Leader in Polypropylene

Brazilian company Suzano PetroquÀ­mica S.A. announced that it has concluded the acquisition of the ...

Brazil’s Itaú Gets in the Business of Tracking Stolen Cars

Cell-Loc Location Technologies Inc. a developer of network-based wireless location technology, announced on November ...

In Brazil Stocks Drop Sharply While Dollar Zooms Up

The dollar shot up 3.27% this Thursday, July 26, in Brazil, closing at 1.928 ...

Contradicting Experts Brazilian Jobless Reach 10.7%. Worst in 15 months

Brazil’s unemployment rate for July, 10.7%, is the highest one in 15 months, according ...