Good morning! Today: Brazil’s lack of good-paying jobs. Jair Bolsonaro’s approval rating stable.
Brazil’s lack of good-paying jobs
Over 43,000 formal jobs
disappeared in March—more than half of them in the Northeast. Since January, however, the balance is positive, with net creation of 180,000 jobs. After 4 years of registering more layoffs than hires, Brazil bucked the negative trend in 2018. However, the country is failing to create good-paying jobs.
Of every 200 workers hired in 2018, only one was set to earn more than BRL 10,000 (USD 2,500) per month. And 171 of them were positions paying...