Salary reduction programme preserves 1.5 million jobs

In a two weeks of operation, the programme to temporarily reduce wages and suspend work contracts during the pandemic of the new coronavirus (covid-19) has helped preserve 1,543,441 jobs. According to the Ministry of Economy, 384,682 employers have joined the programme. Contract suspension agreements represent 41.4% of the total, which is equivalent to 638,893 jobs. In this modality, employees receive 100% of unemployment insurance while their employment contract is suspended.

Source: Agencia Brasil