Brazil’s Persistent Unemployment Challenge / by Mark Langevin

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Georgetown Journal of International Affairs

May 3, 2019

Mark S. Langevin, Ph.D.

High unemployment may become the greatest test for the new government of President Jair Bolsonaro and his Minister of the Economy, Paulo Guedes. Bolsonaro promised to fight corruption and crime during the 2018 campaign season, but a 12.4 percent unemployment rate now threatens to curtail his popularity. According to a September 2018 DataFolha survey, only 14 percent of voters considered unemployment the number one problem facing the new government. The survey showed that most voters were concerned with public healthcare, violence, and corruption. Bolsonaro won the presidency because he exclusively focused on violence and corruption, albeit without well-defined policy prescriptions. Bolsonaro and Guedes gave little attention to the unemployment challenge and asserted that future fiscal stability and deregulation would spark accelerating job creation. Read more here.