Tags Wages

Tag: Wages

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Nearly 1,400 Brazilian doctors with foreign diplomas were admitted into the Mais Medicos (More Doctors) program on Tuesday (October 3rd), as Brazil’s government tries to substitute foreign doctors in the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Unable to obtain the expected revenues Brazil’s federal government announced on Tuesday it was increasing the nation’s budget deficit target by R$20 billion this year, from R$139 billion to R$159...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Brazilian government reduced the forecast for minimum wage in the coming year after reviewing the economic projections for 2018. The amount of R$979 per month (US$309) contained in...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – With Rio de Janeiro facing one of its worst financial crises ever, state finance secretary, Gustavo Barbosa, met on Monday (November 14th) with representatives of several banks in São Paulo...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Bank employees in at least fifteen states and the capital, Brasilia, started a strike on Tuesday, September 6th, for an indefinite period of time, after salary negotiations stalled between bank...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The government of Rio de Janeiro announced on Wednesday that due to cash flow problems it would not be able to pay over 137,000 state retirees this month. Officials...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – President Dilma Rousseff of Brazil signed into law on Thursday a program which allows companies to reduce working hours and up to thirty percent of employees’ salaries. The Programa de...
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - The Lava Jato (Carwash) corruption scandal in Brazil involving oil giant Petrobras and some of the country's largest construction companies is said to impact Brazil's GDP by R$142.6 billion...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – With increasing inflation and decreasing industrial production, Brazil’s government has yet another negative economic indicator to worry about: the labor market. According to the IBGE (Brazilian Institute of Geography and...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The House of Representatives in Brazil approved a proposed law to change the definition of terceirização (outsourcing) in regard to labor law. Specifically the proposed law addresses what types...
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