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Brazilian resorts to extra work to supplement family income

Written by Paulo Nogueira
Published 01/08/2018 às 01:05

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Beaks to supplement the family income.
Beaks to supplement the family income.

Extra work to supplement income leads more than half of Brazilians to some type of informal service.

The extra work was one of the ways the Brazilian found to try to balance accounts at the end of the month. The market and the economy are showing signs of recovery, but at a slow pace. In the first six months of 2018, 64,4% of professionals adopted this strategy as an option for extra income to complement their salary at the end of the month. This data represents an increase in demand for this type of income compared to 2017, which was a percentage of 57,4%. This data comes from SPC Brasil – Credit Protection Service and the National Confederation of Shopkeepers.

the strategy as an option for extra income to complement the salary at the end of the month. This data represents an increase in demand for this type of income compared to 2017, which was a percentage of 57,4%. This data comes from SPC Brasil – Credit Protection Service and the National Confederation of Shopkeepers.

The old and famous “beak” has gained fans over the last few years, motivated by the great economic crisis. This type of work is much more common among lower class families as they already live “tight” financially. The search and choice for different types of nipples is much more common among the poorer classes and, translating into numbers, this represents 70% of this part of the population, according to Marcela Kawauti, chief economist at SPC Brasil.

With a very high unemployment rate, despite the slight improvement in the economy in 2017, workers found themselves in need of looking for a supplementary income. Such action in the market shows that Brazilians still do not see, or do not believe in, such an improvement in the economy. Depending solely and exclusively on wages with a formal contract in the country, has become a great doubt and a dangerous condition for a large part of the population in Brazil. Standing idly by and waiting for formal employment to return is no longer seen as something “safe” and, like most people around the world, bills need to be paid and they keep coming.

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Paulo Nogueira

An electrical engineer graduated from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), I worked for several years in the areas of offshore oil and gas, energy and construction. Today, with over 8 publications in magazines and online blogs about the energy sector, my focus is to provide real-time information on the Brazilian employment market, macro and micro economics and entrepreneurship. For questions, suggestions and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes for this purpose.

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