Employment in San Juan up 4.7% Y-O-Y in December
June 30, 2023
The average weekly wage in San Juan was $805 in the fourth quarter of 2022, up 3.9% from one year earlier. #NewsismyBusiness
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Puerto Rico’s labor market grew significantly in 2022
June 8, 2023
Increases were seen in employment, wages and business establishments. #NewsismyBusiness
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Puerto Rico manufacturing index edged up in December
February 2, 2023
All PMI sub-indexes reflected a monthly expansion in the sector.
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Restaurant Association presents study findings, ’23 projections
February 1, 2023
About a quarter of respondents have had to raise prices and still lack employees.
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Labor Dept.: Puerto Rico’s workforce participation rate at 43.9%
November 2, 2022
For fiscal year 2022 reflects some 1,116,000 people employed or self-employed, an increase of 78,000 or 7.5% when compared to the previous year.
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Study forecasts 32% net employment growth in Puerto Rico for 4Q22
September 15, 2022
ManpowerGroup’s ‘Employment Outlook Survey’ also shows that 44% of local employers plan to increase their payroll by year’s end.
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Workers in Puerto Rico’s metro area make 43% less than US mainland peers
June 14, 2021
Workers in the San Juan-Carolina-Caguas, Puerto Rico Metropolitan Statistical Area had an average (mean) hourly wage of $15.33 in May 2020, about 43% below the United States mainland average of $27.07, the US Bureau of Labor Statistics reported. Chief Regional Economist Martin Kohli said that after testing for statistical significance, all 22 major occupational groups […]
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Newland Associates launches tool to support job search efforts in Puerto Rico
September 17, 2020
Newland Associates, a company that helps organizations adapt to changing business environments, unveiled the PowerMyCareer Online Solutions, a virtual outplacement service designed to help employees quickly find their next career opportunity in Puerto Rico. The program, available in Spanish, English, and French, provides career transition support to employees who are displaced by lay-offs, furloughs, or […]
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Economist: ‘Employment at will’ may not be right solution for P.R.
June 11, 2018
The adoption of the so-called “employment at will” doctrine may not be the right solution for Puerto Rico’s low labor participation rate and stagnant economy, because it fails to address other underlying problems.
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P.R., USVI get $566K in US Labor Dept. grants
April 29, 2016
The U.S. Department of Labor on Thursday awarded $112 million to 50 state and territorial workforce agencies, including Puerto Rico, and the U.S. Virgin Islands, which received $302,000 and $246,000, respectively to offer reemployment services and eligibility assessments programs for those receiving unemployment insurance benefits. Estimates based on the budgets in the past 10 years […]
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Puerto Rico gets $180K for reemployment services
June 30, 2015
The U.S. Department of Labor announced Monday it has awarded $80 million to workforce agencies in 44 states and in Puerto Rico, the U.S. Virgin Islands and the District of Columbia to provide re-employment and eligibility assessments.
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67% of island youth believe men can grow more at work
March 9, 2015
With all things being equal in the work place, and despite the milestones women have achieved over the past decades, much remains to be done to achieve true professional gender equality, the results of the latest survey on employment by Universia showed.
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P.R. jobless rate at 13.7% in Dec., labor force loses 25K
January 28, 2015
Puerto Rico’s labor force had 25,000 fewer members in December, when compared to the same month in 2013, which could account for the lower unemployment rate announced by the Labor Department Tuesday.
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Op-Ed: Myths and truths on Puerto Rico’s current cycle
December 2, 2014
Puerto Rico’s “Great Recession,” as is the case with any complex phenomena, is not without its own myths.
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Kelly Services marks 50 years in business in Puerto Rico
September 11, 2014
Kelly Services is celebrating its 50th anniversary in Puerto Rico, where it has placed thousands of individuals in temporary and permanent positions and made a significant financial contribution to the island’s economy since September 1964.
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