Bloomberg News

Brazilian Metalworkers May Strike on Nov. 7 for Wage Increase

October 31, 2011

Oct. 30 (Bloomberg) -- Brazilian metalworkers from Sao Paulo city and Mogi das Cruzes may go on strike Nov. 7 should employers fail to grant them a wage increase of at least 10 percent, according to the union’s website.

About 5,000 workers rejected today a proposal made by companies for a 7.5 percent to 8.5 percent increase, the union, known as Sindicato dos Metalurgicos de Sao Paulo e Mogi das Cruzes, said.

“We want significant real wage increases and we won’t accept raises below 10 percent,” Miguel Torres, the head of the union said. “The employers have until Nov. 4 to redo their proposal or we will start to strike on Nov. 7.”

Mogi das Cruzes is 40 kilometers away from the Sao Paulo state capital.

Consumer prices rose 7.31 percent in the 12 months through September, according to the national statistic agency.

--Editors: Pierre Paulden

To contact the reporter on this story: Andre Soliani in Brasilia at asoliani@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net.


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