economy
General Economy
Brazil is the 5th largest energy consumer in the world and 3rd largest in America (behind US and Canada). Due to sustained economic growth, the total primary energy consumption has increased by more than 33% in the past decade.
Immigration
Brazil wants to attract several million foreign talents, to help improve economic growth by adding numbers and talent to the work force. The foreign talents are also needed to finish major projects in time, such as the World Cup which is to be held in 2014, and the Olympics to be held in Rio De Janeiro in 2016.
In the 20th century, 7% of the Brazilian workforce was foreign, but the numbers have been decreasing since. Now, only 0.3% of the workforce consist of foreign workers, and the government is aiming to have the foreign talents make up 2-3% of the workforce.
Unemployment Rates
Brazil is the 5th largest energy consumer in the world and 3rd largest in America (behind US and Canada). Due to sustained economic growth, the total primary energy consumption has increased by more than 33% in the past decade.
Immigration
Brazil wants to attract several million foreign talents, to help improve economic growth by adding numbers and talent to the work force. The foreign talents are also needed to finish major projects in time, such as the World Cup which is to be held in 2014, and the Olympics to be held in Rio De Janeiro in 2016.
In the 20th century, 7% of the Brazilian workforce was foreign, but the numbers have been decreasing since. Now, only 0.3% of the workforce consist of foreign workers, and the government is aiming to have the foreign talents make up 2-3% of the workforce.
Unemployment Rates
Unemployment rate measures the number of people actively looking for a job as a percentage of the workforce. Recently, there was a sharp decrease from 5.2% in October 2013 to 4.6% in November 2013. Over the years, the unemployment rate in Brazil averaged 8.79% from 2001 until 2013. The all time high unemployment rate recorded was 13.1% in April 2004 and the record low was 4.6% in December 2012.
Tax
Taxes in Brazil are high, as Brazilians are not able to produce enough value per capita to handle the country’s needs. A main reason for this is because there is no stability in Brazil - for example, the courts, schools and hospitals. Taxes will also not go down until the country achieves stability, which is when majority of the population is out of poverty, or when social diversity is accepted. Now, a large Brazilian population contributes to a small part of the tax, and the government uses it to justify the high taxes they are collecting, as the people believe the government will use this money to improve their quality of life.
Tax
Taxes in Brazil are high, as Brazilians are not able to produce enough value per capita to handle the country’s needs. A main reason for this is because there is no stability in Brazil - for example, the courts, schools and hospitals. Taxes will also not go down until the country achieves stability, which is when majority of the population is out of poverty, or when social diversity is accepted. Now, a large Brazilian population contributes to a small part of the tax, and the government uses it to justify the high taxes they are collecting, as the people believe the government will use this money to improve their quality of life.