Brazil bank strike ends after workers accept 8 pct increase

SAO PAULO (AP) " Brazilian bank workers have returned to their jobs, ending the longest nationwide strike of its kind in 12 years.

The National Confederation of Bank Workers said on its website that workers at private banks and state-run Banco do Brasil agreed Thursday night to return to their labors after accepting the National Banking Federation's proposal of an 8 percent wage increase and a bonus of about $1,100.

Workers had demanded a nearly 15 percent pay raise and a bonus of about $2,600. They were on strike for a month.

The confederation says that workers at state-run Caixa Economica Federal refused the offer and will remain on strike.

About 350,000 of Brazil's 504,000 bank workers went on strike on Sept. 6, temporarily closing 13,000 of the country's bank 23,544 branches.

This story has been automatically published from the Associated Press wire which uses US spellings

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