• Categories
  • Archives

Brazil’s Lula Proposes 17% Raise in Minimum Wage

Brazilian President Luiz Inácio Lula da Silva decided to raise the monthly minimum wage from its current level of US$ 133.69 (300 reais) to US$ 155.97 (350 reais), as of April.

The official announcement of the decision was made by the ministers of Labor, Luiz Marinho, Planning, Paulo Bernardo, and the presidential advisory staff, Dilma Rousseff.

To take effect, the new value of the minimum wage must be approved by the National Congress.

The minimum wage is usually readjusted on May 1, the date that Labor Day is commemorated in Brazil. The decision to move the raise to April was the result of negotiations with the workers’ central unions, which were demanding that it be implemented on January 1 of each year.

During the announcement of the new minimum wage, Minister Marinho affirmed that, in February, the government will begin negotiations with the workers’ central unions over a policy to beef up the minimum wage over the long term.

"President Lula has always said: We will not commit any irresponsible act that jeopardizes the country’s financial and economic health," Marinho commented in a press conference with reporters.

He emphasized that the US$ 21.28 (50 reais) increase in the value of the minimum wage is "in perfect harmony" with the country’s reality.

ABr

Tags:

  • Show Comments (2)

  • Guest

    Lula said it all clearly !
    “the value of the minimum wage is “in perfect harmony” with the country’s reality.”

    Completely trunked and faked due to the effect of the MULTIPLE minimum wage contract.

    VERY SAD REALITY, would have been more appropriate.

  • Guest

    A true joke !
    An increase in the minimum wage is normally supposed to reduce wealth inequality, especially in Brazil ! Correct ?

    Your problem is that millions and millions of workers and most state workers salaries are based on a multiple of the minimum wage, whatever the multiple is.

    Now assume one worker has 1 minimum wage, the second worker has 5 minimum wages, and the third has 10 minimum wages.

    The first worker increases his salary from Reais 300 to 350, the second from 1500 to 1750 and the third from 3000 to 3500.
    Correct ?

    Then can anyone explain how the wealth inequality has been REDUCED ???????????

    Because all those on a multiple wage contract get the same percentage increase of
    17 %, whatever they earn, even if the multiple is 30, 50 or more !

    This clearly means that Lula is again buying vote not only with poors, but also with the middle and upper class.
    Even confirmed by the fact that this year the increase is effective from April instead of the usual month of May, exception happening curiously enough……in an election year, giving him more time for his campaign. Anyone can guess why.

    Is Brazil a true democracy ? I doubt it when there is vote buying at every level from citizens to political parties involving the highest politicians : the lawmakers and the government members themselves.

    Nothing will ever change with such a climate.

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

Brazil Has Record Reserves: Over US$ 350 Billion

Brazil’s Central Bank informed Brazilian foreign exchange reserves reached an all-time high on Wednesday ...

Calendar

In a city brimming with earthly delights, one’s thoughts turn to finding a little ...

Brazilian cachaça Pitú

New Distributor Vows to Make Brazil’s Cachaça Pitíº Popular in the US

Pitú, a popular cachaça brand in Brazil, should soon have widespread distribution in the ...

IBM Opens in Brazil LatAm’s First Mainframe Software Center

US-based IBM has opened a mainframe software competency center in São Paulo, Brazil, enabling ...

Brazilian Firm Makes Robot for Checking Ship Structure Integrity

A robot that moves on magnetic wheels scanning the thickness of ship hull plates ...

Brazil: 19 Years Later 3 Men Accused of Murdering Missionary Stand Trial

Nineteen years after the murder of Vicente Cañas Costa, a Jesuit missionary who lived ...

Brazil Still Not Positive about Size of New Found Oilfield

Brazil's government controlled oil multinational Petrobras said late Monday, April 14, that more conclusive ...

Concentration of Land Makes No Sense, Says Brazilian Government

According to the Executive Secretary of Brazil’s Ministry of Agrarian Development, Guilherme Cassel, the ...

Drought Leads Brazil to Increase Bolivian Gas Imports to Maximum Capacity

Persistent drought in the South is forcing Brazil to increase the amount of natural ...