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:

    • Show Comments (0)

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    Caretaker Who Toppled Brazil’s Finance Minister Sues Federal Savings Bank

    Francenildo dos Santos Costa, the caretaker whose March 14th testimony contradicting earlier public testimony ...

    Russian jet fighter

    Brazil and Russia to Jointly Build Jet Fighters and Satellite Launchers

    Russia and Brazil signed an agreement on Tuesday, April 15, to jointly develop top-line ...

    Havaianas flip flop

    Brazil’s Flip-Flop Maker, Alpargatas, Is Celebrating 100th Anniversary

    Alpargatas, manufacturer of the world-renowned Havaianas flip-flops, will turn 100 years old in April. ...

    Best-seller books, plays & movies

    PLAYS Alice que Delícia — Written by Antônio Bivar and directed by Nildo Parente. ...

    Pure Nitroglycerine

    They were practically unknown from people outside the jail system until they staged the ...

    Venezuelan President Hugo Chávez

    Powered by Oil Venezuela and Bolivia Challenge Brazil as Regional Leader

    In a single sweep of the pen, Bolivian President Evo Morales has rearranged the ...

    Brazilian minister Miguel Jorge

    Saudis Looking for Opportunities and Investors in Brazil

    Saudi Arabian General Investment Authority's (Sagia) president, Amr Al Dabbagh, will visit Brazil late ...

    The Transmazônica road in northern Brazil

    Brazil’s Last Economic Plan Is a Worsened Version of the Military Miracle

    For Brazil, President Luiz Inácio Lula da Silva’s new term in office represents a ...

    Brazil’s Monica Gang to Take On the World

    Brazilian comics creator Mauricio de Souza and his characters like Monica and Jimmy Five ...

    Rio Oil and Gas 2006

    1,100 Exhibitors from 20 Countries Come to 14th Rio Oil & Gas, in Brazil

    The IBP (Brazilian Oil Institute) is promoting, in Rio de Janeiro, the 14th edition ...