The second Economic Development Summit took place at the Puerto Rico Convention Center Tuesday, when members of Gov. Alejandro García-Padilla’s economic team summarized what agencies have been up to since January to further the administration’s agenda to spur private-sector jobs and activity.
The Puerto Rico Labor Department is going after companies and government agencies that have failed, for whatever reason, to make their unemployment insurance payments for the past five or six years and now owe a combined $378 million, agency Secretary-designate Vance Thomas confirmed.
The core challenge we face today as educators is this: previous generations before the 70’s have been educating generations for an unknown and changing world in which uncertainty is the order of the day in job opportunities and the economy. The relevance of much what we teach expires before you get the diploma and set out to get a job.
El gobernador Alejandro García-Padilla detalló el jueves los avances de las estrategias de su administración para reactivar la economía de la isla, y señaló, entre otras cosas, que el sector privado ya se ha comprometido a crear 15,896 de los 50,000 empleos que prometió garantizar en los primeros 18 meses de su mandato.
Puerto Rico received $7 billion in American Recovery and Reinvestment Act funds in 2009, but failed to create and retain jobs and renovate infrastructure as they were supposed to because hundreds of millions of dollars were used to cover the operational deficiencies of a handful of government agencies.
Three weeks after announcing plans to submit legislation to spur job creation in Puerto Rico, Gov. Alejandro García-Padilla signed Sunday the “Jobs Now Act,” the tool his administration will rely on to create the 50,000 jobs he promised to promote during the first 18 months of his tenure.
Puerto Rican business transformation and information technology firm Truenorth Corporation is currently seeking candidates to fill more than 320 professional jobs this year, a hiring spree that’s fueled by sales growth in both the public and private sectors, company CEO Gabriel Fernández said.
Gov. Alejandro García-Padilla filed the “Jobs Now Act” bill Wednesday outlining his strategy to create 50,000 jobs in 18 months and the incentives companies will get in exchange for making opportunities available for out-of-work Puerto Rico residents.
La presidenta de la Asociación de Fabricantes de Puerto Rico, Waleska Rivera, agradeció el martes al senador del Partido Popular Democrático, Ángel Rosa, por presentar tres proyectos de ley orientados a crear empleos e impulsar la inversión, “cumpliendo así sus promesas de campaña”.”
“Operación Empleo,” the new administration's first large-scale initiative through the Department of Economic Development and Commerce to offer workshops aimed at investors and private sector companies, will take place Jan. 16, government officials announced.
Arcos Dorados, operator of the McDonald’s restaurants in Latin America and the Caribbean announced Thursday the upcoming opening of three new establishments in Puerto Rico later this month.
The Caguas municipal government announced Monday it has struck a partnership with the TweetMyJobs social recruiting platform to connect local businesses with town residents seeking jobs across all industries and all levels, city officials announced.
The Government Development Bank unveiled the Economic Activity Index (GDB-EAI) for the month of July, which settled at 127.3, reflecting a 0.5 percent year-over-year increase.
As part of its pursuit of creating such professional opportunities, Banco Santander Puerto Rico, through its Santander Universities Global Division, announced Thursday the start of its “U-Work” internship program on the island.
Undoubtedly we’re in tough economic times: job opportunities are scarce, professional talent abounds, and budgets and benefits have been reduced.
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