Workers’ wages lose their value in 2021. According to the Salariometer Bulletin issued by the Institute of Economic Research (Fipe), 70.1% of the bargaining and collective agreement negotiations conducted in the country in October resulted in adjustments below the national cumulative consumer index (INPC) up to the base date. Between January and October, the index stood at 51.5%.
Among the sectors that achieved zero readjustment (zero to zero) are civil construction; Paper, cardboard, cellulose and packing; Electricity and utilities. In October, no professional activity recorded a positive adjustment (see table below).
According to Hélio Zylberstajn, Senior Professor at the University of São Paulo’s School of Economics (USP), inflation in the country is so high that no matter how much workers get a salary adjustment, it is increasingly difficult to reach a percentage sufficient to reach it. -over there.
The effect of inflation on work – image: g 1
The professor, coordinator of the Bulletin, explained, “The loss of wages during negotiations is due to two factors: unemployment that takes away the bargaining power of the worker, and inflation that erodes wages. It is the worst thing in the world.”
In October, the average negotiated adjustment was 9%, while the average 12-month cumulative readjustment was 10.8%. The average minimum wage was R$1,418 in October, while the average minimum wage was R$1,418.
Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.