Unemployment doubles and inflation increases by 40% for the poorest part of the population

The result is a decrease in the purchasing power of the poor, with an increase in hunger and poverty in Brazil, due to the economic devastation of Jair Bolsonaro and Paulo Guedes

247 – Over the past 12 months, the prices of the products most consumed by the poorest, food, have increased by around 20% and by around 40% since the start of the pandemic. Official inflation is just over 10%.

Meanwhile, unemployment rates are rising in the poorest part of the country. The data revealed in a report Folha de São Paulo We note that during the pandemic unemployment increased by 8.5 percentage points for the poorest part of the population.

Together, these two factors – rising food prices and unemployment – lead to a sharp decline in the purchasing power of the poorest, while increasing hunger and poverty in Brazil.

In the past 12 months, during which food increased by 20%, real per capita household income from work in the poorest half decreased by 18%, from R $ 210 per month to 172 R $.

According to FGV Social, as cited by Folha, 27.4 million Brazilians (13% of the population) now live on less than R $ 261 per month – the highest rate of miserable people in a decade.

Sign 247And Pixel supportAnd Subscribe to TV 247, no channel 247 And look:

Free Knowledge Groups. know more. follow us no cable.

to you who came here, Thank you very much for rating our content. Unlike institutional media, 247- Brazil is at TV 247 They finance themselves through their own community of readers and viewers. You can support TV 247 and Brasil 247 in different ways. See how at brasil247.com/apoio

Support 247

About admin

Check Also

Governor Hochul and St. John’s University Announce Groundbreaking for $106 Million Health Sciences Center at St. John’s University

Governor Kathy Hochul and St. John’s University today announced the grand opening of the $106 …

Leave a Reply

Your email address will not be published.