Crisis means job market in Brazil is shrinking. Want a job in food industry in that country? Maybe this is not the right time.
Until recently, many individuals from countries struck by crisis in Europe, as well as people from elsewhere in the world, wanted to move to Brazil to take advantage of the booming economy in that country. There were great options on hotel and food industry, specially by the attention the country got by hosting the World Cup and Summer Olympics. However, that situation is not the same anymore. The Brazilian economy is now in recession.
According to Amanda Silva, from the Brazilian website Vagas Estagio (http://www.vagasestagio.com), a portal dedicated to inform students about internship, trainee, freelancer and other starter jobs in major companies in Brazil, this is not a good moment to take a bold move. She says: “In spite of foreigners who come to Brazil being generally well qualified, unemployment levels have risen in the last quarter of 2014 and everything shows the levels are still growing into 2015. Also, Brazil have probably not seen the worst of the crisis as of yet, so that’s not the moment to make bold moves”.
Silva, however, states that well qualified professionals can find good positions in markets where the growth is still within the two-digit market, like e-commerce companies. Those companies can still offer better paid positions in comparison to the rest of the economy.
The immigrant is likely to find a country with shrinking home prices, which can reveal lower rental values, but inflation is on the rise in an already expensive country. That can put a lot of pressure on tight budgets.
Silva warns that, in Brazil, businesses are not used to recruiting foreign individuals as in the US or Europe, but they are generally well received in their workplaces. Finding a job, for a foreigner, normally isn’t difficult, but she warns that youngsters who come to Brazil to find new jobs should reconsider their options due to the economy. “It’ll be harder to find well paid jobs now”, she says.
That’s not the case for individuals who will come to the country to work for a subsidiary of the company they already work to. They may discover that Brazil are still a relatively cheap country to live when compared to Europe, while featuring all or nearly all of the amenities that Europeans are used to.
Brazilian economy has grown a lot in the last few years and the country is now a modern economy, almost on par with that of European countries. The current crisis was certainly caused by bad government decisions but they aren’t likely to impact the country so severely for the next few years. The bad decisions are already being reversed to the more market-oriented view of the 2000s and the government is on a lot of pressure to make the country grow again. Contrary to many other developing countries, the low commodity prices don’t have a big impact on the more diversified, service-oriented Brazilian economy. As such, jobs on the service sector are on the rise and, despite the decline of industry sector in the last few years, one can only expect a rise on that sector as well.