SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: THE ANT who wrote (88213)3/22/2012 4:45:11 AM
From: elmatador  Respond to of 217830
 
They are creating formal jobs that increases contributions to social security.

Brazil's job bonanza [Updated]
by Vivianne Rodrigues, FT TiltMore from this author


Brazil created 252,000 formal jobs in May, bringing the total in the first five months of the year to 1.2m, the country's Labour Minister Carlos Lupi told journalists at an event in Rio de Janeiro.



The figures fell short of the record 1.3m new jobs created in the same period of 2010, but the number still looks impressive, given this year's slower GDP growth.

Lupi said the country will generate roughly another 2m posts between now and the end of the year, with most of the new jobs coming from work related to the build up for the World Cup and Olympic Games.

The graph below shows the evolution of formal job creation in Brazil up to May:



Source: O Estado de S. Paulo/Labour Ministry (Caged)



To: THE ANT who wrote (88213)3/23/2012 2:54:08 AM
From: elmatador  Read Replies (1) | Respond to of 217830
 
The Unintended consequences of economic growth.

Economic growth, spread of computer use, Orkut explosion in Brazil resulted in Facebook.
Message 28030810

That fact changed contributed to the perception of the value of quality high education.

By the end of 2015 more than 100,000 Brazilians—half of them undergraduates, half doctoral students—will have spent a year or so abroad at the best universities around the world studying subjects such as biotechnology, ocean science and petroleum engineering which the government regards as essential for the nation’s future. That will cost 3 billion reais ($1.65 billion), a quarter of which will come from businesses and the rest from the Brazilian taxpayer.
...
In the 1960s and 1970s the government paid for PhDs abroad in oil exploration, agricultural research and aircraft design. Brazil is now a world leader in all three fields.

Message 28019645

The government now, is slowly perceiving that it can let go the policies used for hyperinflation time and it is necessary to leave behind the ideas that were used for the closed economy.

I think it is dawning on them that keeping blaming the others won't help

nasdaq.com