Caputo Defended Labor Reform and Criticized Business Chambers - Diario Panorama
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5 Articles
After the legislative victory of the government in the Senate with the average sanction of the labor reform, the ruling party accelerated its treatment in the Chamber of Deputies, amid some polemics that aims to resolve to turn the initiative into law this week. In that context, the Minister of Economy, Luis Caputo, expressed his discomfort at the lack of public enthusiasm of the entrepreneur before one of the central points of the project. "We …
"I don't get out of my astonishment," said the Minister of Economy, questioning that there was no reaction from business chambers.
The Minister of Economy, Luis Caputo, stressed that the labor reform—if approved in Deputies and becomes law—will greatly reduce employers’ contributions to new jobs. In this context, he assured that the charges will be lowered “by 85%” and questioned that “no business chamber” has celebrated that point. “This is almost the most important thing of the law. We lowered the employer’s burdens for new jobs by 85% and did not talk about it,” Caputo w…
The Minister of Economy, Luis Caputo, highlighted the decrease in employers’ contributions that the labor reform will imply if it is finally approved in the Chamber of Deputies. Moreover, he was surprised by the business reaction. “This is almost the most important thing of the law. We lower the employer’s burdens 85 percent for new jobs and we don’t talk about it. No camera celebrates, nothing. I don’t get out of my astonishment!” Caputo said i…
The Minister of Economy said that the bill, which had half a sanction in the Senate, contemplates a reduction of 85% of employer charges for new jobs. The official questioned that “the issue is not discussed.”
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