Puerto Rico’s jobless rate soars to 15.4% in Dec. ’13
January 29, 2014
Puerto Rico’s unemployment rate jumped by a full percentage point year-over-year in December, when it reached 15.4 percent, Puerto Rico Labor Department statistics revealed Tuesday.
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Economist: Puerto Rico’s labor market at crossroads
September 10, 2013
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.
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New taxes could reduce Puerto Rico’s real growth by 3.3%, slash 30K jobs in 2 yrs.
July 30, 2013
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 next two fiscal years with a loss of up to 30,000 jobs.
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