Puerto Rico’s labor market is at a crossroad, with thousands of productive workers fleeing to the U.S. mainland in search of professional opportunities that may not be available locally.
Preliminary analysis conducted by economic analysis firm Heidie Calero Consulting Group suggests the impact of new taxes implemented in Puerto Rico this month could lead to a reduction of 3.3 percent real growth during the ...
Puerto Rico’s unemployment rate dropped to 13.7 percent in April, reaching the lowest level since 2008. However, Labor Department data released Thursday also shows that the island’s labor force decreased by 10,000 to 1.1 million ...