6 years ago
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Many Venezuelan Workers Are Leaving The Job, And The Country
Caracas resident Barbara Rojas used to have a coveted position at Venezuela's state-run oil company, the kind of job that not so long ago people would hang on to until retirement due to the generous pay and benefits. But in February, Rojas quit her job as an office administrator. She was disgusted that hyperinflation and the collapse of Venezuela's currency had rendered her wages nearly worthless. Rojas points out that nearly half of the 149 people in her office have walked off the job.
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And that’s the problem. People who can do meaningful work, who have any sort of marketable skill, have been leaving the country in troves for decades. Even if the government wasn’t a coprocracy, rebuilding the country would require educating an entire new generation and giving them reasonable incentives to stay. But it’s easier to manipulate the ignorants.