The Importance Of Inflation In Brazil
The unemployment rate in Brazil was last reported in 5.40% in September 2012.
Even with continues decrease in unemployment in Brazil it continues to be a big problem to the economical growth because there is no system of social protection. Another reason why this continues decrease in unemployment is still a problem is because Brazil’s population continue to bloom because large number of people migrates there. With the huge population there are approximately 40 million who lives below the poverty line while unemployment is a major cause for in equal distribution of wealth, benefits and social services in Brazil (Global Finance).
On top of that the privatization of many public services such as education, health services, public transportation, electricity to communication services, helps expands the distance between the rich and the poor. However by privatizing more products and service means that the country is in need of more labor to produce more goods. This will then continue to decrease the unemployment rate as shown in the yearly unemployment graph.
Correlation of Inflation and …show more content…
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