Employment Outlook Brazil – Still recovering from a deep recession, Brazil makes some strides in job creation, pay increases and general economic stability.
By Mary Anne Thompson, founder and president, Goinglobal, Inc.
After years of exceptional growth, the Brazilian economy entered a deep recession in 2015. The country is now slowly recovering, as it tries to overcome corruption scandals, social inequality and high unemployment. Brazil’s unemployment rate sits at 11.3%, and is expected to keep growing, reaching approximately 12.1% in the coming months before shifting down again.
Brazil’s labor market suffers from a persistent skills gap, with 43% of hiring managers reporting having difficulties filling jobs. Although Brazil has some excellent universities, they are not producing enough graduates with the right skills to meet current workforce needs.
Top Ten Hardest Jobs to Fill:
- Production operators/machine operators
- Skilled trades
- Sales representatives
- Accounting and finance staff
- IT staff
Skills in Demand
- Flexibility to adapt to rapidly changing work environments
- Multilingual professionals, with English most in-demand, followed by Spanish.
- Certified professional qualifications and experience
Most foreign nationals and immigrants work in the cities of São Paulo, Rio de Janeiro and Minas Gerais. The employment market is competitive, and foreign job seekers are advised to have a solid plan before moving to Brazil. Sufficient knowledge of Portuguese is a must for those looking to be employed in Brazil.
Brazil continues to strive toward a full economic recovery, but it has a long way to go. The good news is companies are hiring, and wages are increasing. Those with the skills Brazil needs, a command of the Portuguese language, and some patience to allow the country to find its legs again, just might find Brazil a perfect fit for them.