According to the survey data released recently by the Brazilian Institute of Applied Economics (IPEA), the number of Brazilian families without working income has increased, according to the South American overseas Chinese daily. Of the 72 million Brazilian families, about 16 million have no working income.
"The high unemployment rate shows that the recovery in Brazil's labor market is still slow," IPEA said. Brazil's low educated people are particularly affected, which has led to an increase in the number of Brazilian families with no or very low working incomes
According to the national household sampling survey (PNAd) data released by the National Geographic Institute (IBGE), in the fourth quarter of 2017, 21.5% of Brazilians had no income from work, up from 18.6% at the end of 2013. At the end of 2018, the proportion of non-income people in Brazil rose to 22.2%.
"Some families may have funds from pensions or social security programs, but they don't have a working income." Said imeras, a researcher at IPEA. At the end of 2013, the proportion of low-income families in Brazil was 27.5%, but by 2017 and 2018, the proportion rose to 29.8% and 30.1%.
Researchers point out that there are about 12.7 million unemployed in Brazil. Among them, young people are most affected by unemployment. The survey shows that the main reason for Brazil's unemployment rate growth in the recent period is the increase in the number of less educated workers, while young people with high school or higher education are more successful in finding new market positions.
In addition, the study also shows that Brazil's Gini coefficient was 0.514 in the fourth quarter of 2014 and has increased to 0.533 by the fourth quarter of 2018. Gini coefficient is an indicator to measure the degree of inequality in a country. The larger the number, the higher the degree of inequality.