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Brazil labor market shows high income concentration
An economic study based on IBGE’s Pnad Contínua data reveals significant income concentration within the Brazilian labor market. Approximately 69.1% of the country's employed population, totaling about 103.1 million people, earns up to R$ 3,242 per month.
According to the research conducted by economist Bruno Imaizumi of the consultancy 4intelligence, the largest segment of workers earns between one and two minimum wages, accounting for 36.9% of the workforce. When combined with those earning up to a single minimum wage (32.2%), nearly 70% of workers operate within this low-income bracket.
The distribution of monthly earnings is as follows: - No income: 1.8% - Between R$ 1 and half a minimum wage: 9.4% - Half to one minimum wage: 21% - One to two minimum wages: 36.9% - Above two minimum wages: 30.9%
The study also notes that the top tier of the income pyramid remains highly restricted, with only 1.8% of employed individuals earning between 10 and 20 minimum wages.
Entities
4intelligence · Brazil · IBGE