Puerto Rico’s Economic Activity Index reached a level of 121.9 in July 2018, representing an increase of 0.2 percent compared to June 2018 and a decrease of 0.3 percent when examined against July 2017.
Puerto Rico’s Economic Activity Index showed a decrease of 0.8 percent year-over-year in June, but a 1 percent increase when compared to May 2018, Economic Development Bank for Puerto Rico confirmed.
While Puerto Rico needs to jumpstart its job market and create new sources of employment, the Financial Oversight and Management Board for Puerto Rico’s proposal to align the island’s labor landscape with that of the U.S. mainland “misses critical points of the [island’s] very particular economy.”