Brasília – The Brazilian economy should grow approximately 7% in 2010 and over 2 million jobs should be created as a consequence of economic expansion, which will begin right in the first few months of the year. The estimate was made by the Brazilian minister of Labour and Employment, Carlos Lupi. To him, the 6% growth forecast made by analysts is “modest”.
In an interview to radio show Bom Dia, Ministro ( Good Morning, Minister), at the studios of communications company Empresa Brasil de Comunicação (EBC), today (7th), Lupi underscored that the forecast of 1 million jobs in 2009 has proved to be correct, and stated that he stands by his 2010 forecast.
The minister claimed that whereas the United States celebrate a simple reduction in the number of dismissals, Brazil commemorates the creation of new jobs. According to him, last year, the country overcame domestically the effects of the international crisis thanks to the large consumer market that it has.
Lupi asserted that the services sector will be the first to start increasing the supply of job positions this year. Trade will receive a strong boost, as will the industry, which did not fare well last year, but has zero inventories and thus should soon start increasing production.
To the minister, the reaction of the productive sector in early 2010 is going to be a reversal of the usual trend in the early months of each year.
*Translated by Gabriel Pomerancblum
