Puerto Rico’s seasonally adjusted unemployment rate in January was 14.6 percent, representing a drop of 0.7 percentage points when compared to the same month last year, when it stood at 15.3 percent, Labor Secretary-designate Vance Thomas said Monday.
Puerto Rico needs to catch up on the use of information technology in human resource management, a prerequisite for companies seeking to compete in the global economy, Jorge Mejía, founding partner of local firm Fusionworks Inc., believes.
As the economy tightens its grip on the bottom lines of many businesses, a trend has emerged to outsource human resources functions to third-party companies in an attempt to cut costs and protect operations.