Over the past decade, Puerto Rico has faced a significant decline in its level of economic activity, primarily attributed to economic depression and fiscal issues within the Commonwealth. The situation was further exacerbated by devastating hurricanes and the ongoing COVID-19 pandemic, which pushed the economy to an all-time low. However, since June 2020, Puerto Rico has experienced a steady and noteworthy resurgence in economic activity....Read More
According to the Labor Department of Puerto Rico, on average, Puerto Rico has around 900,000 employees per month, indicating a stable employment landscape. From January 2010 to May 2023, there has been a slight 1.1% increase in employment. The lowest point was in April 2020 with 768,000 employees, but it has since rebounded to normal levels, currently at 951,800 employees. The region of San Juan,...Read More
According to the Labor Department of Puerto Rico, on average, Puerto Rico has around 900,000 employees per month, indicating a stable employment landscape. From January 2010 to May 2023, there has been a slight 1.1% increase in employment. The lowest point was in April 2020 with 768,000 employees, but it has since rebounded to normal levels, currently at 951,800 employees. The region of San Juan,...Read More
Puerto Rico’s restaurant sector has experienced a remarkable evolution in recent years, showing significant improvement in several areas. From the aftermath of the devastating Hurricane Maria in 2017 to the present day, Puerto Rico’s culinary landscape has not only recovered but has also thrived. According to the Bureau of Labor Statistics, the number of restaurants in Puerto Rico saw significant growth from 3,781 in 2017...Read More
Puerto Rico’s restaurant sector has experienced a remarkable evolution in recent years, showing significant improvement in several areas. From the aftermath of the devastating Hurricane Maria in 2017 to the present day, Puerto Rico’s culinary landscape has not only recovered but has also thrived. According to the Bureau of Labor Statistics, the number of restaurants in Puerto Rico saw significant growth from 3,781 in 2017...Read More
