Brazilian gov't raises minimum wage for 2021


BRASILIA, Dec. 31 (Xinhua) -- Brazil's government on Thursday announced it was raising the minimum wage for 2021, from 1,045 reals (201 U.S. dollars) to 1,100 reals (212 U.S. dollars).

The new minimum wage will take effect on Jan. 1, according to the Government Gazette.

The Economy Ministry based the adjustment on a forecast increase of 5.22 percent in the National Consumer Price Index, which serves as the basis for annual adjustment of the minimum wage.

If the price index exceeds the government's forecast, the minimum wage can be readjusted again, as happened in January of 2020.

Some 49 million workers in Brazil are paid in keeping with the minimum wage, according to data from the Inter-Union Department of Statistics and Socioeconomic Studies.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
   

Next In World

Iran reports electrical problem in Natanz nuclear site, no casualties
Ecuador ponders return to socialism in presidential runoff
Saudi-led coalition intercepts Houthi drone - state media
Senior German conservatives set to discuss chancellor candidate choice
Evacuation centres open as cyclone intensifies off Western Australia
21 miners trapped after Xinjiang coal mine accident - official media
Kyrgyzstan likely to support switch to presidential rule in referendum
Chad's veteran leader Deby targets sixth term in presidential vote
Mexico reports 2,192 new coronavirus deaths after data review
Benin votes for president after week of violent protests

Stories You'll Enjoy


Vouchers