To Reach Today’s Japan Brazil Needs Annual 5.4% Growth till 2020

To reach 2020 with employment indices comparable to Japan’s current levels, Brazil must create around 56.4 million jobs in 15 years. In order for this to occur, the country’s annual rate of economic growth would have to be maintained at 5.4%.

Even then, around 8.7 million people would remain outside the labor market. This estimate appears in the fifth edition of the Atlas of Social Exclusion, which will be presented at the World Social Forum in Porto Alegre.


The study is based on information obtained from the Brazilian Institute of Geography and Statistics (IBGE).


The Atlas of Social Exclusion, prepared by seventeen researchers, contains data on 5,500 Brazilian municipalities and includes projected targets.


Brazil is also compared with Greece, classified in the volume as an intermediate level country.


To attain Greece’s current levels in the next 15 years, Brazil would have to create approximately 50.4 million jobs and maintain an annual economic growth rate of 5%.


Under this alternative, around 14.7 million workers would remain outside the job market.


For the economist, Alexandre Barbosa, one of the organizers of the project, the relevance of the study is that it adopted the same criteria as the International Labor Organization (ILO), one of the United Nations’ special agencies.


Translation: David Silberstein
Agência Brasil

Tags:

Ads

You May Also Like

Brazil Stock Market Tumbles Another 6.7% for a 28% Loss This Year

Once again, this Wednesday, September 17, stock markets across Latin America suffered a beating ...

Guess Who Is Bullish on Brazil Now? The Germans and the Dutch

Multinationals keep on betting on the Brazilian market despite the crisis in the global ...

Brazil Has Plenty of Water But 45% of Brazilians Have None

Brazil’s situation is privileged and worrisome at the same time, in the opinion of ...

Lula and Chirac Go Beyond Protocol to Strengthen Brazil-France Ties

Brazilian President Luiz Inácio Lula da Silva declared today in the Palais de l’Elysée ...

American and Brazilian presidents George W. Bush and Luiz Inácio Lula da Silva

Brazil’s Lula Close to Doha Round Agreement with “Good Friend” Bush

Brazil and United States will attempt to advance the Doha global trade talks during ...

Brazilian Court Allows Gay Couple to Adopt Child

In Brazil, a court from the southeastern state of São Paulo has ruled that ...

Agrale, Brazil’s Answer to Heavy-Duty Vehicles

Agrale, a Brazilian maker of trucks, light chassis, motorcycles, tractors and engines has just ...

Lingerie With Brazilian Sensuality and Eco-Friendly Bamboo Fiber

Brazilian Textile mill Monthal, which manufactures approximately 20,000 items and employs 70 people, owns ...

Brazil Gets Record Surplus and Stocks

Brazilian stocks reached record levels, despite the thin volume characteristic of the period between ...

Brazil Boosts Investment in Agriculture by 12% to US$ 40 Billion

In the next few days Brazil is expected to announce the country's annual investment ...