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According to Brazilian media, an increment was decreed which raises the minimum wage from 1412 reais (228 dollars) to 1518 reais (245 dollars).

The minimum wage adjustment took into account inflation over the last 12 months (4.84%), marking a 2.5% real increase.

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[-] AlbigensianGhoul@lemmygrad.ml 16 points 5 months ago

I know international leftists love Lula, but for context the minimum wage increases every year since 1994, based on GDP growth and inflation (yes, even in the Bolsonaro years, though he fucked it up 2 times). So y'all shouldn't be surprised, this happens every year.

What is different now is that the Lula administration approved a set of fiscal austerity changes, one of which imposed a ceiling on the growth of the minimum wage to those 2.5%. Without that the actual value would be R$ 1.528, a small decrease but still a defeat for social policy.

So this is actually somewhat bad news, though I understand people from the US might be impressed by the concept of inflation-adjusted minimum wage.

[-] KrupskayaPraxis@lemmygrad.ml 10 points 5 months ago

Yup. And people praising Lula for reducing deforestation when the level of deforestation is still not below that under Bolsonaro

this post was submitted on 31 Dec 2024
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