Brazil Unemployment Rate

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Running Head: Brazil Unemployment Rate1
Brazil Unemployment Rate
Students name:
AIU

Brazil Unemployment Rate2
Abstract
Discussion of macroeconomics and Brazil’s unemployment rate and how it concerns its economy.

Brazil Unemployment Rate3
Brazil Unemployment Rate
Macroeconomics is the study of the movement, trends, and changes in the economy over time as a whole (http://moya.bus.miami.edu/). Over the years South America has built their economy from poverty to middle class and higher but with the unemployment rate and inflation going up these countries that make up this continent might revert back to their primal state. In this paper the focus of discussion will be around the country Brazil. The effects macroeconomics has on Brazil’s unemployment rate and how the unemployment rate affected its economy between the years 2001 to 2012. In the South American economy, some concerns of macroeconomics would be: being able to measure how well the economy is performing, to seek and understand how the economy works, and how to improve the performance of the economy ( http://moya.bus.miami.edu/). Brazil’s population was last recorded as 190 million and 81% of that 190 million live in the urban parts of Brazil. This aids economic development but could also create serious social, security, environmental, and political problems for major cities. Brazil has been proactive in recognizing its potential threats. From the help of the former President Lula, surging exports, economic growth, and social programs helped lift tens of millions of Brazilians out of poverty. And for the first time, a majority of Brazilians are now middle-class, and domestic consumption has become an important driver of Brazilian growth (http://www.state.gov). Learning the system of how macroeconomics works is very important for many reasons. Such as: how to improve wealth and welfare for families and businesses, understand the unemployment rate, keep track of the less...
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