US employment: the bad example The low unemployment rate in the United States has been in conversation with almost the same interest as sporting results.

Contrary to what may seem, the result does not prove the accuracy of the protectionist and xenophobic rhetoric of the Trump government, nor the fruit of its management alone. Most importantly, this is not a good example, as most jobs created have very low wages and the vast majority are not accompanied by basic rights such as health care, weekly rest and others.

The low unemployment rate announced by it also uses a form of measure that includes even those who are in penitentiaries. If the prison population does not enter the employee account, the unemployment rate would rise by about five points, according to economist Marcelo Manzano, researcher at CESIT / Unicamp and consultant for the Perseu Abramo Foundation .

Judging by the proposals and promises of the future Brazilian government, the experience of increased impoverishment of those working will be applied here. The elected president has said more than once that the worker will have to choose whether he wants to have rights or whether he wants a job, the two things together would be too much. He also criticized the methods used by IBGE to measure employment and unemployment and said that he wanted to change them.

In the United States, the average annual salary is about 33,000 USD. In comparison, the annual cost of a private college is $ 30,000 per year. This sample of the very small difference between the real gain and the cost of living proves the fragility of labor income and also helps to explain youth indebtedness through student credit in banks, a phenomenon that occurs in the United States. -United. According to the Fed's data, four out of ten new graduates have credits, which represents more than $ 1.5 trillion this year.

Missing a union

"The majority of jobs created are temporary or" says Jana Silvermann, Director for Brazil and Paraguay of the AFL-CIO Solidarity Center, the largest trade union center in the United States. United. According to her, a large part of it is in the non-specialized services sector. Across the entire US private sector, 93 percent of workers are not protected from collective bargaining agreements negotiated by unions, "almost without any rights," the manager said. Another experience that the future government intends to apply here, with its anti-union penchant.

With limited coverage in public services, the US labor situation is deteriorating. Jana recalls, for example, that one of Socialist President Bernie Sanders' pre-campaign proposals to the presidency that the younger electorate would have been more successful was the creation of two-year technical courses, entirely free or better , subsidized by the state.

The loss of US industrial power, the sector that offers the highest-paying jobs, has not reversed, despite all of Trump's promises. "There are two bubbles today: bonds and public shares, driven by excess liquidity," said economist Guilherme Mello, referring to the large volume of money in circulation.

Crisis, what crisis?

"Where does this liquidity go?", Asks Mello. Financial, for public bonds, to the stock market, which generates this bubble. "This means more speculation, less production of real estate.For the economist, another crisis similar to that of 2008 will come sooner or later. "The combination of the economic slowdown in China and international trade – because of the ongoing trade war – and the formation of these bubbles, there will be a reversal, a settlement of accounts, let's say this."

Meanwhile Industrial employment follows slow, not caring about Trump's campaign promises According to data obtained by the AFL-CIO, 600,000 jobs have been created in the sector since 2006. The current government is celebrating the creation of 180,000 people since 2016, thus masking the deficit Detail: 1994 is the year of the signing of NAFTA, a free trade agreement between the United States, Canada and Mexico , which generated a huge export of & # 39; jobs. Poor quality, especially for Mexico.

Finally, the low employment rate, undeniable although surrounded by contradictions, can not be attributed exclusively to Trump. The economist Fausto Augusto Jr. of Dieese recalls that the measures taken by Barack Obama to deal with the crisis of 2008 have an effect, just like a state intervention aimed at to avoid the collapse of conglomerates like GM, and the adoption of a basic interest rate

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