New Brazilian Minister Wants to Create 100,000 New Jobs a Month

Brazzil Magazine covers

Brazil’s new Minister of Labor, Luiz Marinho, who was the president of Brazil’s biggest labor union, the CUT, says his goal is to create an average of 100,000 new jobs per month between now and the end of the Luiz Inácio Lula de Silva presidency in December 2006.

"This is the challenge we have accepted. Create 100,000 new on-the-books jobs per month. The message we are sending is that the economy will continue growing, creating jobs and providing work for men and women who are unemployed," said Marinho.

As for the Lula campaign promise to create 10 million jobs in his four-year term of office, Marinho said it was still possible. He pointed out that in the first two and a half years in office, Lula had created over 3 million jobs.

"If every job we create in the formal job market creates a job in the informal market, then we will in fact create 10 million jobs," said the Minister.

One of the first things Marinho did after taking office was to announce that the formal job market had grown for the sixth consecutive month in June, with 195,895 new jobs.

He also expressed confidence in a stronger second half, adding that interest rates should begin to fall.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Brazil Rushes to Get Environmental Approval for Hydroelectric Plants

Following quickly on the heels of the announcement that the Brazilian government intends to ...

Brazzil Magazine covers

Brazil Plane Bursts into Flames upon Landing. 200 Plus Feared Dead

An Airbus A320 from Brazilian TAM airline caught fire after landing in the airport ...

Brazzil Magazine covers

Rio Gets Carnaval Boost: 730,000 Tourists Who Spent US$ 285 Million

Rio received approximately 730,000 Brazilian and Foreign tourists during carnival, having registered 94% occupation ...

Brazzil Magazine covers

Brazil Hasn’t Seen So Much Snow in a Decade

It’s something for the records book. For a second day running it snowed Wednesday ...

Brazzil Magazine covers

In Brazil, Yellow Fever Scare Brings Fear of an Epidemic

Brazil's Health Minister, José Gomes Temporão, used a radio and TV pool this Sunday, ...