There are between 16.5 million and 30 million Brazilians working in
the informal economy, meaning that between 15% and 50% of Brazil’s gross domestic product
(GDP) is being generated by the informal work force. Although 60% of these workers have
less than eight years of formal education, 300 thousand completed high school, and at
least six thousand of them have a college degree, an indication of lack of job
opportunities. What to do? Experts agree that the government must act swiftly and invest
in education and technical skills training.
By Brazzil Magazine
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