Preliminary analysis conducted by economic analysis firm Heidie Calero Consulting Group suggests the impact of new taxes implemented in Puerto Rico this month could lead to a reduction of 3.3 percent real growth during the next two fiscal years with a loss of up to 30,000 jobs.
The U.S. Department of Labor’s Job Corps program began a new free education and training program cycle July 1 and is accepting applications from eligible young people, ages 16 to 24 who are looking to learn a career, earn a high school diploma or equivalent credential and find and keep a good job.
Just 12 days after the Puerto Rico government implanted the TweetMyJobs platform, some 4,497 people have registered on the website to start their search for jobs, the Economic Development and Commerce Department said Wednesday.
As part of its job-promotion efforts, Puerto Rico Gov. Alejandro García-Padilla announced Thursday the launch of "Tweet My Jobs," a technology that facilitates the recruiting process for open job positions.
Medical device manufacturers Covidien in Ponce and CooperVision in Juana Díaz confirmed Wednesday separate expansions that will create a combined 550 jobs in Puerto Rico’s southern region.
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.
Gov. Alejandro García-Padilla detailed Thursday the progress of his administration’s strategies to revive the island’s economy, saying among other things that the private sector has already pledged to create 15,896 of the 50,000 he vowed to lock down in the first 18 months of his tenure.
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.
Puerto Rico Manufacturers Association President Waleska Rivera on Tuesday thanked Popular Democratic Party Sen. Ángel Rosa for submitting a trio of bills geared toward creating jobs and spurring investment, “keeping his campaign promises.”
“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.
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