Labor market ranges from formal to informal

By ETCO
27/03/2015

According to the Brazilian Institute of Geography and Statistics (IBGE), the average percentage of workers with a formal contract in relation to the population employed in other jobs, including informal jobs, increased by 12 percentage points in 19,9 years, from 39,7 percentage points % in 2003 (7,3 million), to 59,6% in 2014.

The data are part of the Monthly Employment Survey, surveyed in the metropolitan regions of Recife, Salvador, Belo Horizonte, Rio de Janeiro, São Paulo and Porto Alegre, where the study points out that from 2013 to 2014 the number of workers with the formal portfolio went from 50,3% (11,6 million) to 50,8% (11,7 million), an increase in relation to informal work.

Source: The State of Rio de Janeiro (24/03)

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