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

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

Housing and Food Drive Inflation Up in Brazil

Inflation in Brazil during the period between July 14 and August 13, gauged by the ...

Leader of Scale Model Market in Brazil Goes International

Brazilian company Adhemir Fogassa Maquetes, which currently has an 80% share of the scale ...

Brazil Will Open Markets, But Very Slowly Reveals Minister

The Brazilian industrial sector does not have any reason for concern with the further ...

No Reason to Fear Brazil’s Growth, Says Rice

U.S. Secretary of State Condoleezza Rice began a four-country tour of Latin America April ...

Poor Industrial Output Hurts Brazil’s Market

Latin American markets were mixed to lower, with Brazilian shares slumping on disappointing industrial ...

Germany Gets Brazilian Moderns for Culture Cup

The Culture Cup, a cultural exchange program with Germany that will be taking place ...

Brazil Had Rescue Operation to Save Ousted Ecuador President

Ecuador’s ex-president, Lucio Gutiérrez, arrived in Brazil this Sunday, April 24. Brazil’s Ministry of ...

A Brazilian Fairy-Tale Musical Comes to the Rio Stage. Can Broadway Be Far Behind?

Over the past few seasons there has been an explosion of films, television series, ...

70% of Brazil’s Work Force Are Women and Blacks

Women represent 43% of the Economically Active Population (EAP), in Brazil, and blacks, 46%. ...

Brazil and Argentina Protectionism to Jump with Venezuela in Mercosur

Venezuela has become the fifth member of Mercosur, an addition that could accelerate the ...