PNAD Points to a Drop in Inequality: Why Doesn't It Seem Like We Have More Work and Money?

The monthly household income per capita reached R$438.3 billion in 2024 — the highest value in the historical series that began in 2012. The number of employed workers has also never been so high. At the same time, inequality has fallen to its lowest level. The data comes from the Continuous National Household Sample Survey (PNAD), published by the IBGE. But why do so many people not feel that we are living better? The perception of the histori…