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According to the Department of Labor and Human Resources, in 2023, the labor force participation rate for women was 36.6%, compared with 51.4% for men.
The analysis points to a long-standing structural imbalance in Puerto Rico’s economy, noting that the Leading Economic Index confirms the island no longer responds effectively to traditional stimulus measures.
The study, led by José Caraballo-Cueto, professor and director of the Center for Development Studies, analyzed 2023 data from the U.S. Census Bureau.
In the U.S. subnational index, Puerto Rico scored 2.13 out of 10, ranking well below New York, the lowest-ranked state, which scored 4.15.
Tatiana Vallescorbo, attorney and advisory senior director at IT and process management consulting firm C2S
The NielsenIQ report explains how Puerto Rico’s retail formats and product categories responded to recent economic and consumer shifts.
The improved ranking increases Puerto Rico’s visibility as a strategic location for companies seeking operational stability within a U.S. jurisdiction. (Credit: Antonyesse | Dreamstime.com)

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