The number of applicants for unemployment benefits in 2021 dropped to the lowest level since 2006, per data from Brazil’s Labor Ministry. Roughly 6 million people applied for unemployment insurance in 2021, a 10.3-percent drop from the previous year.
The government believes that multiple factors contributed to the decrease, including the distributions of emergency aid benefits during the pandemic and programs that allowed companies to reduce workers’ hours and wages if they chose not to terminate their contracts.
Meanwhile, the high levels of informal employment may be a significant driver. Four in every ten Brazilian workers are estimated to be in the informal sector as of 2022.
Panama was once a part of Colombia. Its canal, a monumental engineering achievement of its…
The specialization trend among corporate board members It is not only a matter of perception:…
Panama will hold its presidential elections on Sunday, months after huge protests saw thousands descend…
The city of Rio de Janeiro estimates that a Madonna concert this Saturday on Copacabana…
Latin America’s trend of banning opposition candidates from elections has caught on in an ever-growing…
The São Paulo City Council on Thursday approved legislation authorizing Brazil’s largest city to sign…