There are many things to be considered. Here in Brazil the unemployment rate for the last 4-5 years has ranged between 12-14%. In Alberta, of example, people consider the province is under its worst ever economical crisis because they have a 7% unemployment rate that has lasted 3+ years.
I bet Alberta post-COVID19 will probably have an unemployment rate similar to today's Brazilian rate, and of course, Brazil will touch 20%+ rates.
At the same time, we must consider that in our home countries we already have a career, a network, a history of previous recognized employees, etc. All things that can support us on pursuing new jobs (in case we get layoff because of the post-COVID-19 crisis).
So, it's important to balance all of that. For sure, I believe it will he easier to find a job in my home country with 20% unemployment rate, than it will be to find a job in a new country, with a 15% rate. But, we must consider other aspect to that equation:
1. If I get fired from my current job, I won't have means to pay for private health, and therefore I'll need to rely on Brazil's public health system, which is WAYYYY inferior to the Canadian system (specially if Brazil ends up entering a whole new recession, which will result in deep budget cuts for the system). I also believe the crime rates will rise EVEN more. So, landing in Canada will already provide me better health and safety. That's something to consider.
2. MOST IMPORTANTLY: I've been following the actions taken by pretty much every major country (Canada, US, England, Germany, France, Japan, Australia...) and it's pretty clear that Canada is leading the way when it comes to financial support to individuals and businesses. I wonder if such generous offers from the Liberal government are somewhat related to a strategy that they may be building. Let me explain: once all of this is over, the world will be devastated, not only a single country (except maybe China) won't have suffered a major economical crash. So, the countries that better supports their residents, will be ones that will excel on that post-COVID19 world, because their citizens will be pretty much ready to continue with their daily lives, almost no business will have been closed, very few will have lost their jobs, etc. I really believe that Canada will demonstrate a faster growth in its economy than countries such as France, Germany and England, and in the longterm the investment being carried today will payoff, and Canada will probably climb a few positions in the G20 rank.
I bet Alberta post-COVID19 will probably have an unemployment rate similar to today's Brazilian rate, and of course, Brazil will touch 20%+ rates.
At the same time, we must consider that in our home countries we already have a career, a network, a history of previous recognized employees, etc. All things that can support us on pursuing new jobs (in case we get layoff because of the post-COVID-19 crisis).
So, it's important to balance all of that. For sure, I believe it will he easier to find a job in my home country with 20% unemployment rate, than it will be to find a job in a new country, with a 15% rate. But, we must consider other aspect to that equation:
1. If I get fired from my current job, I won't have means to pay for private health, and therefore I'll need to rely on Brazil's public health system, which is WAYYYY inferior to the Canadian system (specially if Brazil ends up entering a whole new recession, which will result in deep budget cuts for the system). I also believe the crime rates will rise EVEN more. So, landing in Canada will already provide me better health and safety. That's something to consider.
2. MOST IMPORTANTLY: I've been following the actions taken by pretty much every major country (Canada, US, England, Germany, France, Japan, Australia...) and it's pretty clear that Canada is leading the way when it comes to financial support to individuals and businesses. I wonder if such generous offers from the Liberal government are somewhat related to a strategy that they may be building. Let me explain: once all of this is over, the world will be devastated, not only a single country (except maybe China) won't have suffered a major economical crash. So, the countries that better supports their residents, will be ones that will excel on that post-COVID19 world, because their citizens will be pretty much ready to continue with their daily lives, almost no business will have been closed, very few will have lost their jobs, etc. I really believe that Canada will demonstrate a faster growth in its economy than countries such as France, Germany and England, and in the longterm the investment being carried today will payoff, and Canada will probably climb a few positions in the G20 rank.
