Economist: ’14 turbulent, but ’15 will be decisive for P.R.
February 17, 2015
The effects of the current administration’s value-added tax proposal as part of a sweeping tax overhaul and the “liquidity time bomb” of the Government Development Bank will make 2015 a “decisive year” for making harsh decisions, analyst firm H. Calero Consulting predicted in the latest edition of its publication “Compass.”
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Freelancers band together to offer range of services
January 26, 2015
More than 500 independent professionals have joined a network that aims to generate and identify work opportunities in Puerto Rico, with the idea of navigating the current economic conditions.
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EDB pumps $32.2M into Puerto Rico economy in 1Q15
October 15, 2014
The Economic Development Bank for Puerto Rico disclosed Tuesday that during the first quarter of Fiscal 2015, it has approved more than $32.2 million in 68 loans to businesses looking to expand or establish themselves on the island.
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Young professionals gather to meet, network
September 29, 2014
The Association of Latino Professionals for America recently held a networking event during which recruiters had the opportunity to meet and guide young college students that will soon join the work force.
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U.S. Treasury awards $4.9M to Puerto Rico’s EDB
September 25, 2014
The U.S. Treasury Department announced Wednesday the transfer of more than $4.9 million in State Small Business Credit Initiative (SSBCI) funds to Puerto Rico to help local businesses access the capital they need to grow and hire.
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Gov’t: New construction boosting Puerto Rico’s economy
September 24, 2014
Several large-scale construction projects are expected to inject more than $1 million into the island’s economy, along with thousands of jobs, government officials said Tuesday.
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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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Puerto Rico’s economic activity slides on public payroll
August 4, 2014
Puerto Rico’s economic activity index for the month of June showed a 1.0 percent year-over-year reduction, after showing a 1.1 percent YOY decrease in June 2014.
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Puerto Rico receiving $6.2M from USDOL for job training
June 26, 2014
The U.S. Department of Labor announced Wednesday grants exceeding $154.7 million awarded to 32 states, Puerto Rico and the Cherokee tribal nation through the Job-Driven National Emergency Grant program.
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Pittsburgh looks to draw Puerto Ricans into its economy
June 23, 2014
Pittsburgh, PA — Music and sports are two pursuits that cross borders and link cultures. This weekend, this northeastern city relied on both to convey its desire to boost diversity and attract more Latinos, which are significantly underrepresented in this community.
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SBA, CIAPR hosting gov’t contracting matchmaking event
May 5, 2014
The U.S. Small Business Administration and the Puerto Rico Professional College of Engineers and Land Surveyors (CIAPR by its Spanish acronym) will conduct on Tuesday their 10th annual “Business Matchmaking Event” to pair small firms with federal government agencies seeking vendors.
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Op-Ed: 50+ and seeking a biz mentor? SBA, AARP can help
April 17, 2014
Our country has always been proud of our entrepreneurial spirit. But great business ideas don’t just come out of college dorm rooms — in fact, “encore entrepreneurs” are the fastest-growing group of entrepreneurs in the United States.
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Looking for a gig? Guisito.com is the online place to be
April 16, 2014
Everybody knows that Puerto Rico’s economy is tough and finding a job may be no easy feat. And even if you have a job, challenging times such as these often bring out the creativity in people who will turn to their natural or learned talents to make ends meet.
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Puerto Rico jobless rate at 15.2% in Jan., up slightly YOY
March 18, 2014
Puerto Rico’s unemployment rate reached 15.2 percent in January, up slightly from the 14.6 percent on record for the same month in 2013, but down marginally from the 15.4 percent the Department of Labor and Human Resources confirmed for December 2013.
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U.S. Dept of Labor opens $150M job creation grant cycle
February 20, 2014
The U.S. Department of Labor announced Wednesday the availability of approximately $150 million in grants to prepare and place those facing long-term unemployment into good jobs.
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