A workgroup comprising public and private sector representatives handed Gov. Alejandro García-Padilla a report containing 34 recommendations Sunday to tackle Puerto Rico’s low labor participation rate, brain drain, the aging population and the underground economy.
The Puerto Rico government released key economic statistics late Friday that reflected a slide in the Economic Activity Index of 2.4 percent year-over-year in February, as well as put the island’s jobless rate at 15 percent that month.
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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