Guedes says IBGE is in the “cut stone age”

Minister of the Economy Paulo Guedes | Photo: Fábio Rodrigues Pozzebom / Agência Brasil

The Minister of the Economy Paulo Guedes questioned the methodology of the Continuous National Survey by Household Sampling (Continuous PNAD) carried out by the National Institute of Geography and Statistics (IBGE). Published this Friday (30), the survey showed that the unemployment rate was 14.6% for the quarter ended in May. This is the second highest index recorded by the historical series. The information was published by CNN Brasil.

“We created 300,000 jobs in June. This year, we have already created 1.5 million new jobs. Since Covid-19 hit us and destroyed nearly a million jobs, we have created 2.5 million. The IBGE PNAD is methodologically far behind. Telephone survey. The Caged methodology (General Register of Employees and Unemployed) comes directly from companies. The IBGE is still in the age of cut stone. It is based on methods that are not effective, ”said the Minister.

The IBGE did not comment on the minister’s statement. The agency is part of the structure of the Ministry of the Economy.

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