According to the 2011 Brazil Employment Outlook study by employment research firm Going Global, hiring for FMCG (Fast Moving Consumer Goods), manufacturing, agribusiness, and heavy construction has driven down the unmployment rate to 6.1%, with annual average salary raises of 6.5%. Brazil especially needs engineers, turning out only 35,000 engineers per year, compared with India’s 250,000 and China’s 400,000.
The need for multilingual human talent extends to the executive branch and the pay is better, too. For example, a CFO with 12 years’ experience or more can earn $400,000 to $530,00 in Sao Paulo, while his CFO counterpart in New York earns approximately $125,000, Going Global noted.
According to the 2010 Talent Shortage Survey Results by Manpower, the top 10 job openings in Brazil were: technicians, skilled trades, production operators, office support staff, laborers, engineers, drivers, accounting and finance staff, IT staff, and sales representatives.
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