Brazil government unveils package to create up to 4 million jobs by end-2022

BRASILIA (Reuters) – Brazil’s government on Monday announced measures and legislative proposals to create up to 4 million jobs by 2022 and inject tens of billions of reais into the economy through loans and projected savings for private and state-run firms.

The proposals are aimed at generating jobs and growth in Latin America’s largest economy, which is on track to expand at a sluggish pace of around 1% for the third year in a row and boasts a stubbornly high unemployment rate of just under 12%.


By Marcela Ayres via Reuters


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