Coup eliminates nearly 2 million formal jobs for young people.
The precariousness of the labor market, which intensified after the 2016 coup with Michel Temer's labor reform, has particularly affected young people, who have lost almost 2 million formal jobs in recent years.
247 - The precariousness of the labor market, which intensified after the 2016 coup with Michel Temer's labor reform, has particularly affected young people, who have lost almost 2 million formal jobs in recent years. "A more in-depth analysis of labor market data since 2012 shows that the supply of jobs with formal contracts has fallen dramatically for a very specific segment: young people. The number of formal jobs in the private sector for young people up to 24 years old fell by more than 25% from 2012 to 2018. The reduction in jobs with formal contracts during this period was 1,9 million in this segment alone," reports journalist Flavia Lima. reporter Published in Folha.
"The youngest worker was by far the most affected by the crisis, shows the survey conducted by Cosmo Donato, an economist at LCA Consultores, based on microdata from PNAD, the household sample survey conducted by IBGE (Brazilian Institute of Geography and Statistics)." The net loss of formal jobs (jobs with signed contracts) among people aged 25 to 44 was also negative, but to a much lesser extent—a drop of 481,3.