The most recent 'ten-yearly' census in Brazil shows a big increase in people aged over sixty still working in paid employment. During the decade from 2000 to 2010, people in this senior age group who were economically active increased by nearly two-thirds. This was from 3.3 million up to 5.4 million.
This national total of course includes regional ones which all reflect increases in their areas too. Some districts had remarkable expansions, including Santa Catarina with 105%, Amapa 135% and the Federal District with a massive 151%! Such increases are astonishing and for some time pundits of all kinds have been seeking to explain them.
On a regional basis, the Midwest of the country and the expanding North are seemingly both areas where the ‘senior workforce’ is particularly prominent. In each of them almost thirty percent of the labour force is in this age group, a statistic which, as we’ve seen, has surprised many commentators. This is partly due it seems to the expanding employment opportunities in the two regions plus of course a shortage of the necessarily skilled labour in younger age groups. Many companies and organisations feel obliged to resort to older workers with specialist skills and feel glad to get them.
Add to that the increased life expectancy of Brazilians (which now reaches the mid-seventies) and increasing numbers of older citizens needing or wishing to earn and explanations for the phenomenon begin to emerge.This economic information provides data for investment news too. Overseas capital institutions seeking to inject money into Brazilian companies are increasingly interested in the demographics of the necessary skilled workforce in the country.
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