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Los/las trabajadores/as pobres en Puerto Rico: La situación y las posibles soluciones Fiscal Situation Update: May 2007 Endeudando al de aquí: Los préstamos por depósito diferido en Puerto Rico Municipal Fiscal Crisis in the United States: Lessons and Policy Recommendations for Puerto Rico Recomendaciones para atender la difícil situación ...
The economy of Puerto Rico is classified as a high-income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. [14] [15] The main drivers of Puerto Rico's economy are manufacturing, which primarily includes pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate ...
The report also stated that Puerto Rico's current status "does not meet the criteria for any of the options for full self government." [3] The Report made its determinations based on articles in the U.S. Constitution regarding territories. Prominent leaders in Puerto Rico's pro-independence political movements agreed with this assessment ...
In 2012, there were 13,159 farms in Puerto Rico. [9] While not a state, Puerto Rico is a member of the Southern United States Trade Association, a non-profit organization that assists the agriculture industry in developing its exports. [10] In early 2020, farm owners in Ponce reported on the continuing challenge of finding laborers. [11]
The Puerto Rico Industrial Development Company (PRIDCO) —Spanish: Compañía de Fomento Industrial de Puerto Rico (or simply Fomento)— is a government-owned corporation of Puerto Rico authorized and empowered to induce private capital into Puerto Rico in order to establish trade, cooperatives, and industrial operations in Puerto Rico. [1]
Previous referendums were held in 1967, [10] 1993, [11] 1998, [12] and 2012.. In the 2012 status referendum, voters were asked two questions: (1) whether they agreed to continue with Puerto Rico's territorial status, and (2) to indicate the political status they preferred from three possibilities: statehood, independence, or a sovereign nation in free association with the United States. 53.97% ...
The United States acquired the islands of Puerto Rico in 1898 after the Spanish–American War, and the archipelago has been under U.S. sovereignty since.In 1950, Congress enacted the Puerto Rico Federal Relations Act of 1950 or legislation (P.L. 81-600), authorizing Puerto Rico to hold a constitutional convention and, in 1952, the people of Puerto Rico ratified a constitution establishing a ...
[3] The law increased the minimum wage from 7.25 to $10.50 per hour (or higher) by 1 July 2024; allows Puerto Rico’s minimum wage to prevail over the federal minimum wage if Puerto Rico's is higher; created the Minimum Wage Review Commission within the Department of Labor and Human Resources which will review and increase the minimum wage ...