In what may count as another hint pointing toward an economic improvement on the island, local companies are giving their employees salary hikes of between 2.9 percent and 3.1 percent this year, a study released Thursday by the Society of Human Resources Management showed.
As two-thirds of U.S. jurisdictions saw their unemployment rates drop in March, Puerto Rico soared past the jobless levels of all the 50 states with 16.9 percent of people out of work, according to a report by the federal Bureau of Labor Statistics released Tuesday.
The Puerto Rico Manufacturers Association reiterated Wednesday its desire to collaborate with the government and the rest of the private sector to develop and promote measures that stimulate job creation, contribute to Puerto Rico’s economic development and increase worker productivity.
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