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When I was offered a dream job, I moved my family from the mainland US to Puerto Rico in 2015. On the island, we sometimes had no running water, struggled to get around, and items were costly.
The department is an executive department of the Government of Puerto Rico. It was created in 1931 but only gained formal recognition when the Constitution of the Commonwealth of Puerto Rico was approved in 1952. Its first secretary was Prudencio Rivera. The incumbent is Carlos Saavedra Gutiérrez.
The tight labor market that became one of the biggest economic stories of the COVID-19 pandemic appears to be loosening up considerably. More Layoffs? Management Positions Could Be Next on Chopping...
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Mass emigration from Puerto Rico was a result of Operation Bootstrap. The growth of the industrial sector could not match the rapid decline of monocultural plantation jobs that characterized the economy of Puerto Rico Pre-World War II.
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 ...
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