Published by the Latin America´s largest scientific research center, Behavior Research (ConVid) was conducted in cooperation with the Federal University of Minas Gerais (southeast) and the State University of Campinas (Sao Paulo).
The study proved that Brazilian households´ income dropped 47.1% from April to May 2020, and a 23.6% stiff earning step-down.
Among those people who are currently working with no formal contract, the households´ decreased income reached 79.8% and the absence of capital in 55.3%.
Income downturn also affected those with a per capita family income below a minimum wage.
‘With no work, family members begin to be dependent on the elderly, many of them retirees or beneficiaries of policies such as the so-called Continuous Economic Benefit,’ Juliana Inhaz, professor and economic coordinator at the Higher Education Institute (INSPER), stressed.
We can say that when an elderly person dies, a whole family falls into poverty in Brazil, stressed Ana Amélia Camarano, author of ¨The elderly dependent on income and coronavirus: Orphans or new poor?¨ study.
Another study, carried out by the Institute for Applied Economic Research, found that 35% of Brazilian households has at least one old person and 18.1% of them are deemed to be the only livelihood.