metatag To Reach Today's Japan Brazil Needs Annual 5.4% Growth till 2020 - brazzil

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

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