The Puerto Rico Technoeconomic Corridor in Mayagüez has been selected to receive more than $7 million in grant funding from the U.S. Department of Labor to join the effort to help curb long-term unemployment.
Puerto Rico’s economic activity index reflected yet another drop in August, when results were down 1.1 percent when compared to the same month last year, according to data released late Friday by the Government Development Bank.
The U.S. Department of Labor announced Monday awards exceeding a combined $3 million for Puerto Rico and the U.S. Virgin Islands to improve unemployment insurance programs.