The number of employees in the construction industry of Belo Horizonte (BH) county suffered a sharp fall in August compared to the previous month. There were 13,000 fewer jobs in the sector, a decline of 6.7%. The data in the Survey of Employment and Unemployment in Belo Horizonte (PED) also shows the drop in the unemployment rate in BH for the fifth consecutive month, falling from 7.6% in July to 6.7% in September.
The president of the BH Construction Workers Union, Osmir Venuto, associates the decline with the number of low-wage workers. He said a dwindling number of economically active workers have sought employment in the sector or remained in the segment.
“Most of the workforce employed by the BH builders today comes from nearby towns or other regions of the country like the Northeast. The process is simple: the labor is cheaper and the workers are subjected to increasingly lower wages”, he says.
On the other hand, the vice president of the Federation of Industries of Minas Gerais (Fiemg) Teodomiro Camargos Diniz, says that reducing the number of construction employees is a rebalancing of the market, as the industry recovers from the boom lived in 2010. “It’s a natural process of readjustment, which is also explained by the reduction in the number of property launches this year compared to last year,” he argues
.

Original article here.

Share →