Joe Leahy – Financial Times, 8/14/2012
When Tiago Rocha was laid off last week from a São Paulo architects’ office, he did not follow counterparts in Spain or Greece and take to the streets in anger.
He did not need to. Brazil’s strong jobs market, with unemployment still close to record lows in spite of a protracted slowdown in the economy, meant he waltzed straight into another job with a little help from his contacts and his former boss.
“The labour market isn’t bad,” says Mr Rocha, who is working virtually full-time while he finishes the final year of his architecture degree. “Everyone from my faculty is working.”
