Factors Contributing to the “Discouraged Worker” (Desalento) Phenomenon In Brazil
Moara Canova It is projected that the number of individuals aged 60 and above in Latin American countries will have tripled by 2050. As population levels fall overall, this increased proportion of older people is likely to reduce the workforce, the rate of economic activity, and increase pressures on government finances (Travassos et al 2020). However, this number does not tell the whole story. In Latin American countries, including Brazil, social and economic inequalities (Lima and Durán, 2021), repeated economic recessions, and above all the Covid pandemic have driven the “discouraged workers”...