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Monday, July 13, 2020

Federal Labor Dept. places Puerto Rico among the jurisdictions with the...

The Federal Labor Department published its weekly report on unemployment amid the crisis caused by the coronavirus, indicating that for the week ending May...

Puerto Rico May car sales suffer a 69% drop.

The United Group of Automobile Importers (GUIA), an organization that represents the automotive industry in Puerto Rico, today presented the results of new car...

Close to 300,000 Unemployment Insurance Applications in Puerto Rico.

The federal Labor Department published its weekly report on unemployment amid the crisis caused by the coronavirus , indicating that for the week of...

Economic impact of COVID-19 virus in Puerto Rico revised upward.

The direct impact of the COVID-19 emergency on Puerto Rico’s economy has been revised upward to $9.7 billion, from an initial $6.9 billion, economic...

Coronavirus will trigger migration in Puerto Rico

The coronavirus (Covid-19) has exacerbated the severe economic crisis that Puerto Rico has faced for more than a decade, which could lead to over...

Puerto Rico’s new car sales drop by 96.2% in April.

The United Automobile Importers Group confirmed that a total of 280 units new cars were sold on the island during the month of April,...

Puerto Rico’s film industry takes a $80M hit from COVID-19.

Puerto Rico’s thriving film industry has taken an $80 million hit from the measures taken to fight the spread of the COVID-19 virus, as...

Economist warns that federal aid is not going to cure the...

Economist Gustavo Vélez said that the cost created by the pandemic is much higher than the estimated federal funds to be received to mitigate...

New car sales in Puerto Rico drop 66% year-over-year in March.

New car sales in Puerto Rico reflected a 66% year-over-year drop in March, slammed by the strict emergency measures in place to contain the...