Brazil Daily

Brazil’s job-creation program could actually hurt productivity

Good morning!  We’re covering today disagreements within the government about a job-creation program and its effects on productivity levels. The future of Brazil-Argentina relations. And gambling in Brazil. (This newsletter is for platinum subscribers only. Become one now!)

Government job-creation program could curb productivity levels: report

One month ago, Economy Minister Paulo Guedes launched a program to tackle youth unemployment. The main provision of the plan would allow companies to pay fewer benefits and social contributions when hiring youngsters in their first professional position. The Ministry estimated that the program would create 1.8 million jobs. But an internal government...

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