With 2017 GDP Growth, Brazil Hopes for More Jobs this Year

Brazil's President says the one percent GDP growth last year could translate in up to three million new jobs this year in the country.

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – After two years of negative results, Brazil registered a growth in its GDP of one percent in 2017, according to the Brazilian Institute of Geography and Statistics (IBGE). For Brazilian President, Michel Temer, the economic growth could mean three million new jobs for Brazilians in the near future.

"Last year's recovery could bring about a (2018) GDP, a national production, of about three percent. It means creating more than three million new jobs. That means progress and development," said President Temer through a video in his social media network . . .

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