Business · Economy · 3 hrs ago

Brazilian agribusiness wages and education levels rise

Brazilian agribusiness wages and education levels rise

Brazil’s agribusiness workforce reached a record 28.28 million in the second quarter of this year.

The figure covers jobs across farm inputs, primary agricultural production, food processing and related services.

Average real monthly earnings rose 3.7% to R$2,972 compared with the same quarter last year.

Earnings rose for employees and employers, while people working for themselves saw a 3.1% decline.

The workforce is becoming more educated, with 4.94 million people having some or completed higher education, up 5.4% and equal to 17% of the total.

The share of workers with no education fell, though they still numbered 1.44 million.

More workers had formal contracts, reaching 9.88 million, while the number without them fell to 4.2 million.

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