SBA announces funding package to spur P.R. economy
August 18, 2015
U.S. Small Business Administration head María Contreras-Sweet was in Puerto Rico Monday to announced a series of initiatives to spur the island’s economy and create jobs.
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Puerto Rico youth pursuing better salaries, promotions
July 9, 2015
A recent study by Universia shows that 39 percent of Puerto Rico’s youth and student population is looking to improve their salaries, while 23 percent are looking to get promoted.
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USDA opens call for rural economic development funding
July 7, 2015
Agriculture Secretary Tom Vilsack announced Monday that the U.S. Department of Agriculture is accepting applications for loans and grants to support business expansion create jobs and increase economic opportunities in rural communities.
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Universia survey: Job opportunities are off the island
May 4, 2015
A recent survey conducted by the Universia-Trabajando.com Labor Community revealed that more than half, or 69 percent, of respondents from Puerto Rico believe that there are more job opportunities outside the island.
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Olive Garden to hire 250 for San Patricio restaurant
April 27, 2015
Looking to promote local economic development and job creation, Puerto Rican company Restaurant Operators Inc., announced it is looking to fill 250 slots at its second Olive Garden restaurant expected to open this summer in San Patricio Plaza in Guaynabo.
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Planning Board OKs $3B in location consultations in ’14
February 23, 2015
The Puerto Rico Planning Board informed that at the end of 2014 it had approved 52 location consultations, representing a future investment of $3 billion and the potential to create 25,000 jobs.
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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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