Puerto Rico economic index stuck in negative growth
December 9, 2013
Following what can only be called an attempt to avoid the unavoidable, the Government Development Bank finally posted the Economic Activity Index — with weeks of delay — for the months of September and October, revealing results that keep Puerto Rico in negative territory for the 11th consecutive month.
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6 co.’s pledge to create 545 new jobs in Puerto Rico
November 19, 2013
Five companies doing business on the island — and a newcomer that will open soon — have confirmed plans to expand their operations in Puerto Rico, creating 545 jobs through combined investments of more than $51.3 million, Gov. Alejandro García-Padilla said Monday.
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Rock Solid to create 100 jobs in 3 years, expands office
November 15, 2013
After signing a contract to export human capital services with Fortis TCI, an electricity provider in the Caribbean, Puerto Rican company Rock Solid Technologies Inc., signed an agreement with the Puerto Rico Industrial Development Company to create 100 new computer engineering jobs over the next 36 months.
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GE to create 61 new jobs Vieques, San Germán
September 25, 2013
Officials from General Electric and the Puerto Rico government announced jointly on Tuesday the addition of a new product line to the company’s plant in Vieques that will add 11 new jobs there, and the introduction of a new line in San Germán that will bump up the payroll by 50.
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Puerto Rico’s MBDA Business Center gets $75K to expand
September 17, 2013
The U.S. Department of Commerce's Minority Business Development Agency (MBDA) announced Monday a supplemental investment of $625,000 to five existing MBDA Business Centers, including the Puerto Rico office.
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Economist: Puerto Rico’s labor market at crossroads
September 10, 2013
Puerto Rico’s labor market is at a crossroad, with thousands of productive workers fleeing to the U.S. mainland in search of professional opportunities that may not be available locally.
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Sports Authority recruiting staff for Ponce store
August 27, 2013
Sporting goods retailers Sports Authority announced Monday it has begun recruiting staff for the new store it will open in Ponce Oct. 19. It will be the first location for the retailer in Puerto Rico.
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New taxes could reduce Puerto Rico’s real growth by 3.3%, slash 30K jobs in 2 yrs.
July 30, 2013
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.
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Puerto Rico Job Corps education, training centers accepting students
July 16, 2013
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.
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4K-plus enroll in Puerto Rico ‘TweetMyJobs’ platform in 12 days
June 27, 2013
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.
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Puerto Rico gov’t launches ‘TweetMyJobs’ platform
June 14, 2013
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.
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Covidien, Coopervision to create 550 new jobs
May 16, 2013
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.
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Agencies list economic development initiatives launched since Jan.
April 24, 2013
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.
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Puerto Rico companies, gov’t agencies owe Labor $378M
March 18, 2013
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.
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Op-Ed: The challenge of a new student in a new society and economy
March 13, 2013
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.
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