During the second quarter of 2023, manufacturing ranked as the second industry with the highest total wages paid in Puerto Rico. #NewsismyBusiness
The most recent statistic remained steady when compared to December 2022, the agency stated.
An additional 454 net businesses emerged when compared to the prior quarter, Labor Secretary Gabriel Maldonado-González said.
The report surveyed employers during the period between April 2020 and March 2021.
The quarterly report also indicates that the total wages paid by the industries totaled more than $7 billion.
For fiscal year 2022 reflects some 1,116,000 people employed or self-employed, an increase of 78,000 or 7.5% when compared to the previous year.
The results of the study will be released in November 2022.
Puerto Rico’s seasonally adjusted unemployment rate was estimated at 7.5% in December 2021, representing a decrease of 0.3 percentage points when compared to November 2021, and 9.2% when compared to December 2020, dropping 1.7 percentage points. The Puerto Rico Labor Department published the most recent study that identifies people who are fit and available to […]
Gov. Pedro Pierluisi has appointed Gabriel Maldonado-González as Puerto Rico’s new Department of Labor and Human Resources secretary, filling the vacancy left by his predecessor, Carlos Santiago, who stepped down Dec. 31. Maldonado has extensive government and private sector experience, as well as in the field of labor law, both in the state and federal […]
The Puerto Rico Labor Department will implement a new virtual platform for the island’s unemployment program — a $22 million project for which it has hired the firm Geographic Solution to work in collaboration with the Puerto Rico Innovation and Technology Services (PRITS) office. The new platform will be developed in phases and will be […]
The Puerto Rico Labor Department announced the transfer of 19 mobile kiosks to the same number of municipalities in Puerto Rico’s southern, eastern, and western flanks to boost self-employment and economic activity, agency Secretary Carlos Rivera confirmed. The “Pa’ mi Gente” program was created in 2010 and ran through December 2016 under the Labor Department. […]
Puerto Rico’s private-sector employers have until Nov. 30 to file a Christmas bonus payment exemption request for 2021, Labor Secretary Carlos J. Rivera-Santiago announced. So far, the agency has received 30 requests for exemption from payment of the Christmas Bonus, of which 21 were accepted, six were accepted at 15%, one was denied and two […]
The heads of the Puerto Rico Economic Development Bank and the Labor Department signed a collaborative agreement to provide funding and grants from the Small Business Financing-CDBG-DR program to new and existing entrepreneurs who received unemployment and Pandemic Unemployment Assistance (PUA) benefits. People who qualify for the microentrepreneur financing program may receive up to $25,000 […]
The Department of Labor and Human Resources announced the end of the benefits of temporary assistance programs such as the Pandemic Unemployment Assistance (PUA) and the Pandemic Emergency Unemployment Compensation after disbursing $9.6 billion in Puerto Rico in 18 months. “Today, some 130,000 unemployment and PUA claimants were notified, via email, about the imminent end […]
The Puerto Rico Labor Department will offer guidance to employers who wish to benefit from salary incentives from the Work Opportunities Promotion Fund, agency Secretary Carlos J. Rivera-Santiago announced. “We will soon begin the compulsory orientation course for public and private employers who are interested in submitting proposals for Fiscal Year 2022, as provided by […]
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