Number of Jobs Remains Stable in Brazil and Income Goes Up Slightly

Brazzil Magazine covers

Industrial employment has remained stable over the past two months, according to data released on Monday, October 17, by the Brazilian Institute of Geography and Statistics (IBGE) from its Survey of Industrial Employment and Salaries. The employment level in August was down 0.1% in comparison with July, after having risen 0.1% in July in comparison with June.

For André Macedo, an IBGE economist, this trend reflects the relative stability of industrial production over the same period (a 1.9% decrease between June and July and a 1.1% increase between July and August). "These results do not yet constitute a situation of deceleration in the sector, since the quarterly and annual indicators continue to register gains," he explained.

Despite the decline in the employment level between July and August, workers’ income rose 2.2% over the same period, after dropping for two months. According to Macedo, "the recovery in industrial workers’ purchasing power is a reflection of the maintenance of low prices, due to the fact that this year’s inflation indices are also lower than last year’s." In comparison with August, 2004, the industrial payroll was up 5.3%, expanding in the 14 regions covered by the IBGE survey.

The level of industrial employment was 0.3% higher than in August, 2004. This was the eighteenth consecutive increase on a month-to-month basis, but it was the smallest since April, 2004, when the increase was 0.1%.

Using the same basis of comparison (August, 2005, compared with August, 2004), the sectors that did the most hiring were food and beverages (8.1%) and transportation equipment (7.3%). The places where most of the hiring occurred were São Paulo (2.6%), Minas Gerais (3.4%), and the North and Center-West region (3.8%).

The largest number of workers were fired in Rio Grande do Sul (-8.5%) and the Northeast region (-1.9%), especially in the segments of footwear and leather goods (-16.1%) and wood (-13.8%). The total number of hours for which industrial workers were paid rose 0.3% in relation to July, 2005, and 0.5% in relation to August, 2004.

Agência Brasil

Tags:

You May Also Like

Brazzil Magazine covers

Marriott Brazil Wants Muslims to Feel at Home and Offers Mecca Compass

Eyeing Arab clients Marriott Brazil chain is offering in its luxury hotels exclusive services ...

Brazzil Magazine covers

After Selling Venezuela 380 Million Liters of Ethanol Brazil Goes After the US

Brazilian oil company Petrobras should close, up to the end of the month of ...

Brazzil Magazine covers

Brazilian Police Bust Brazil-US Human Trafficking Ring

Around 120 Brazilians were sent to the United States each month by a gang ...

Brazzil Magazine covers

Leaders of Police Rebellion in Brazil Use Women and Kids as Human Shields

Human shields: the same tactic used by Saddam Hussein during the US invasion of ...

Brazzil Magazine covers

Brazil Boosts Overseas Promotion Tenfold to Double Foreign Tourism

Brazil is going to invest US$ 120 million in the international promotion of Brazil ...

Brazzil Magazine covers

Brazil Counting on Another Banner Year in Agriculture in 2008

Prices of soy and corn, the two types of grain that Brazil produces the ...