Here's How The Petrobras ScandalI is Helping Destroy Brazil's Job Market
Brazil’s economy is expected to contract this year. But the biggest downer in the country is the enormous Petrobras Petrobras scandal that is pulling the rug out from under thousands of low skilled workers.
Civil construction is an important economic sector in any economy. That is particularly true in an emerging one, where governments and the private sector are busying building up roads and refineries.
But political scandal and wide spread white collar crime at Petrobras is damaging that sector something fierce. In the first two months of the year, 35,500 jobs were lost in civil construction, many of them low skilled labor.
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But political scandal and wide spread white collar crime at Petrobras is damaging that sector something fierce. In the first two months of the year, 35,500 jobs were lost in civil construction, many of them low skilled labor.
Mais
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