Bolsonaronomics Generated 2.7 million Jobs in 2021

President of Brazil Jair Bolsonaro.
President of Brazil Jair Bolsonaro. (AFP)

A traditional tax-cuts and deregulation-based economic strategy of President Jair Bolsonaro boosted Brazilian economy.

The result of the Brazilian president's economic policies  was 2.7 million jobs in Brazil in 2021 despite the pandemic, as reported by the Minister of Labor, Onyx Lorenzoni.

The increase included, 1.2 million jobs extra in the service sector, more than 640,000 in commerce, more than 475,000 in industry, 244,000 in construction activities, and more than 140,000 in agriculture, livestock and fishing.

It was an extremely positive year in terms of job creation. It is a year to celebrate, perhaps without precedent in the country's history, it demonstrates the strength of the Brazilian economy, stated the executive secretary of the Ministry of Labor, Bruno Dalcolmo, who recalled that Brazil closed the year with more than 41 .2 million workers with a labor contract.

The Emergency Employment Program started in 2020 and reissued last year resulted in this growth. In 2021, 2.5 million workers benefited from the plan.

While the Bolsonaro government promotes job creation, the Council of the Organization for Economic Cooperation and Development has decided to start the processes to accept Brazil in the group. But the Left opposes this decision.

It is natural that those who are part of the Sao Paulo Forum gang, which leaves a trail of poverty and sadness wherever it goes, are against Brazil's entry into the OECD, Minister Lorenzoni stated on social media referring to the organisation that gathers Latin America's socialists leaders including Castro of Cuba, Maduro of Venezuela or Castillo of Peru.

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