• Categories
  • Archives

After Seven Years Dropping Income in Brazil Stabilizes

After seven consecutive years of decline, the income of Brazilian workers remained stable in 2004. The halt in the drop, however, was not sufficient to recover the cumulative losses, which amount to 18.8% since 1996.

At that time the average monthly wage was US$ 403.67 (903 reais). It now stands at US$ 326.33 (730 reais). This information comes from the National Household Sample Survey – 2004 (PNAD), released recently by the Brazilian Institute of Geography and Statistics (IBGE).

The study shows that, beginning in 1996, the country’s economic stability has enabled workers with smaller salaries to achieve greater gains in real purchasing power than workers with higher salaries.

From 2003 to 2004, the 50% of the employed population with wages below the median obtained real gains of 3.2%, while the 50% with wages above the median experienced real losses of 0.6%.

In 2004, 27.6% of workers earned the monthly equivalent of a minimum wage, while 0.9% received over 20 minimum wages. In regional terms, the lowest wages were most concentrated in the Northeast and least concentrated in the South.

Women continue to earn less than men. In 2004 they received 69.5% of what men were paid. The disparity is greatest among self-employed workers (65.1%) and least among employers (89.2%).

ABr

Tags:

  • Show Comments (2)

  • Guest

    and the reality is even worse…..
    ….knowing that the corruption and briberies are done at the highest level not the lowest level.

    By definition, this money is not taxed as not reported, and that widens further the inequality !

  • Guest

    The wealth inequality is not there.
    One should take for instance the top 3 % earn as much as X % of the lowest categories.

    Example only :
    the top 3 % earn as much as the lowest 40 % of the population.

    -;-))) but that will never be provided by the government for obvious reasons !

    Your wealth inequality is the world’s worst…..after Sierra Leone.

    Numbers in the article are just to hide the true reality !

Your email address will not be published.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

Stage Set for a Rebounding Market in Brazil

Brazilian and Latin American shares rebounded strongly from recent selling pressure. Additionally, U.S. stocks ...

US Supplier of Brazil’s Açaí­ Juice Goes Fair Trade

California-based Sambazon, a supplier of the Brazilian Amazon açaí­ juice, has now been certified ...

Brazil Shoes Get Sustainable Seal to Win Foreign Markets

Brazilian shoe and input companies in the sector aim to win international markets with ...

Boeing 737 crashed in the Brazilian Amazon

Boeing Tragedy: Nobody Wins When US’s Xenophobia Crashes with Brazil’s Lunacy

The tragedy involving the Legacy jet and the Boeing 737 over the Brazilian Amazon ...

Brazil’s House Committee to Ask for Expulsion of 18 Congressmen

The first preliminary report from Brazil’s Post Office CPI – Comissão Parlamentar Mista de ...

Brazil: Dorothy Stang’s Murderer Gets 30 Years After Trying Everything in the Book

After a trial that lasted 15 hours, Brazilian farmer/landowner Vitalmiro Bastos de Moura, known ...

International Forum on Architecture and Construction, in the city of São Paulo, Brazil

World’s Tallest Building Engineer Praises Brazilian Design

Brazil has potential to export goods and services in the area of construction to ...

An Ethanol Pump in Every Gas Station Makes Brazil World Leader in Biofuel

Brazil enjoys a privileged position compared with other countries, when it comes to guaranteed ...

UK Firm to Help Brazil Develop Polymer OLED Applications

Cambridge Display Technology (CDT) has struck a deal to sell inkjet printing equipment to ...

Brazil to Increase Coffee Production by Up to 23% This Year

Coffee crop in Brazil this year may beat the 48.48 million bag record, the ...