Unemployment
Challenges:
•Growth of job opportunities, wide contrast with wealth in Rio
•Richest 1% earn 12% of total income in Rio
•Poorest 50% earns only 13% of total income
•Unemployment rate is over 20%
•Most work in the informal economy (illegal, no contract, no fixed pay)
•Make a living any way they can: vendors, drivers, labourers, maids, handicraft, ect
•Seasonal jobs (earn more money in summer due tourism)
•Working in informal sector is poorly paid (Less than £60 per month)
•1/3 of Rio's 3.5million workers don't have formal employment contract
•Many don't have any Insurance
•Do not pay taxes and government receives no income
•Covid offered unemployment, causing homelessness
Unemployed
Opportunities:
•'Schools of Tomorrow' aim to improve education for young, keep children in school past age 14, aim to reduce youth unemployment
•Courses for adults/teenage parents
•Send kids to school, give more skill based courses
•Teenage parents get given free child care