Measures increase confidence, attract investment and boost job creation

With a more positive economic scenario, companies are more confident and willing to hire.

Thanks to the implementation of these measures, the public budget has been reorganised, confidence has risen and, with it, jobs have also returned. Unemployment is still high, but the formal job market has shifted to a positive course.

With falling interest rates and controlled inflation, there is more room for investment and economic growth, which influences job numbers. Companies invest more because they feel the business environment is more favourable. The new labour legislation is also encouraging: the expectation is of more hiring, since the private sector will have more legal certainty to hire.

From January to October, the Brazilian economy added 303.2 thousand new formal jobs. Last year, in the same period, the balance was of 751.8 thousand layoffs, up from 818.9 thousand jobs lost to the recession in 2015. In practice, this shows that the private sector has once again been able to hire workers with quality jobs, benefits and guarantees.

The commitment to a balanced public budget, financial stability and the struggle to reduce public debt created in recent years are strong incentives for the entrepreneur, the investor and those who create jobs and income in the country. The sum of these factors leads to more confidence, more growth and a positive environment for all.