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:

You May Also Like

Saudi Students Visit USP, Brazil’s Leading University, and Vow Cooperation

The studies center and Arabic laboratory at the University of São Paulo (USP), which ...

In Brazil Now Earning US$ 145 a Month Makes You Middle Class. More than US$ 545 and You’re Rich

The Brazilian government has a new definition for the Brazilian middle class. A commission ...

US$ 1.2 Billion for Brazil’s Environment

The World Bank will lend Brazil US$ 1.2 billion over the course of four ...

Corruption Case Against Brasília’s Governor Reaches More People

The government of the Federal District (GDF), following an order by a federal appellate ...

Brazil and Iraq Warming Up Again to Each Other

Brazilian exports to Iraq can expect to receive a substantial impetus from the Brazilian ...

Brazil’s Jobless Rate Jump to 10.4% Is Bad News for Market Too

Latin American stocks were mixed, with Brazilian and Argentine shares falling on profit taking ...

Brazilian Ceramic Handcraft for Export

Decoration items produced by a group of artisans from the southeastern Brazilian state of ...

Palestinian Minister Discusses Peace with India and South Africa in Brazil

Riad Malki, the Minister of Foreign Affairs of the Palestinian National Authority (PNA), is ...

Hundreds of Landless Smash Windows and Invade Brazilian Congress

A group of around 300 Brazilian landless peasants broke into the congressional building in ...

Hollywood Celeb and Author Eric Schiffer Gets Bodyguards in Brazil

When a socialite goes on vacation in a third world country, how does he ...