Labor Market: current, woman, young and in Brazil

Labor market it is a concept used to explain the demand and supply of paid activities offered by people to the public and private sectors.

Brazil

The labor market followed the expansion of the economy and unemployment rates reached only 4% of unemployment.

Increasingly, secondary education is required for the most elementary professions, basic knowledge of English and computers. Due to the country's social inequality, these requirements will not always be met during school life.

The best thing is to dedicate yourself to your studies, write a good resume, accumulate experience in volunteer work and prepare for interviews.

Therefore, it is necessary to abandon the idea of Child labor and remember that a child who has not studied during childhood will be an adult less likely to get a good job.

Since 2016, the unemployment rate has grown and this only increases competition for those who want to relocate or enter the labor market.

Labor Market in Brazil
Unemployment rate in Brazil in 2017

Many people resort to informal work, temporary or not, in order to escape unemployment.

Current

The job market has never been more competitive. THE market economy globalized society has made it possible for companies to hire people from all corners of the planet. With the growth of telecommuting this trend is only going to increase.

Likewise, the positions offered by the labor market demand more and more study time, autonomy and computer skills.

Thus, not always those who are considered as economically active population, has enough training to enter the labor market.

Tendencies

The main trends for the improvement of the worker, in 2017, according to a Brazilian consultancy would be:

  • Negotiation Ability
  • Execution of strategic planning and projects
  • Take on inherited success teams
  • Domain of English language

Women

Although women occupy a significant share of the labor market, several problems persist, such as lower pay than men and double working hours.

Even having the same background as a man and occupying the same position, a woman will earn less. In addition, more time will be spent at home with household chores than men.

According to International Labor Organization (ILO), worldwide, only 46% of women of working age seek employment. In the same age group, men account for 76%.

In developed countries, women occupy 51.6% of jobs compared to 68% of men. In Brazil, this difference is 22 percentage points, increasing the wage gap.

In the graphs below, we can see the participation of women in the labor market in Brazil:

Women's Labor Market
Division of the labor market between women and men

Read more at Social Division of Labor

Young

For young people of the so-called Generation Y or the millennials – born after 1995 – the labor market can be a complex challenge.

You millennials are characterized by having a mastery of the latest technologies, social networks and even programming. They have a good level of English and a second language, they have graduated and whoever can, traveled abroad.

On the other hand, they have difficulties in accepting hierarchies and, because of their training, they want to start straight away in command posts. They are less likely to be loyal to the company and prefer to start their own business than look for a traditional job.

The reality of millennials US underdeveloped countries in general and in Brazil in particular, it always comes up against access to formal education.

Most valued professions

Despite being just an estimate, here are the professions that are on the rise and should be more in demand in the coming years:

  • Digital marketing
  • Statistic
  • data analyst
  • Doctor
  • Biotechnology and Nanotechnology
  • agro-industrial economy
  • Business Administration
  • Foreign trade
  • Tourism
  • Geriatrics
  • Design with a focus on innovation

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