Entrepreneurship could help Brazil’s unemployment problem

Global Business

brazil unemployment tn

With rising unemployment and inflation eroding salaries, many Brazilians are looking for ways to boost their income. And their looking more and more to starting their own businesses.

Thousands gathered at one of the world’s largest entrepreneurship fairs in Rio de Janeiro, determined to overcome Brazil’s economic crisis.

CCTV’S Lucrecia Franco reports from Rio de Janeiro.
Follow Lucrecia C. Franco on Twitter @LucreciaFranco

Entrepreneurship could help Brazil\'s unemployment problem

Entrepreneurship could help Brazil\'s unemployment problem

With rising unemployment and inflation eroding salaries, many Brazilians are looking for ways to boost their income. And their looking more and more to starting their own businesses.

More details:

  • The micro and small businesses in Brazil represent 99 percent of all enterprises and nearly 60 percent of Brazil’s wages.
  • According to a recent Data Popular survey, 3 in 10 Brazilians want to be their own boss.