Brazil Launches Job Program Amid Mass Unemployment
|11/12/2019||Posted by BusinessMediaguide.Com under General World News||
President Jair Bolsonaro launched a jobs program Monday largely based on tax reductions as Brazil struggles to put more than 12 million people back to work.
The pension and labor secretary said the administration aims to create 1.8 million jobs for people ages 18-29 and almost 1 million other jobs by the end of 2022.
The jobs package comes amid stubborn double-digit unemployment as well as violent protests elsewhere in South America, including Chile, stemming partly from economic difficulties. Brazil’s economy is headed toward its third straight year of roughly 1% growth, following two years of deep recession, and patience is wearing read more >>>