AGP Executive Report
Last update: 12 hours agoLabor Market: Puerto Rico added 7,500 payroll jobs year over year in September, but unemployment rose to 6.2%, up from 5.7% a year earlier. Education and health services led monthly hiring, while professional and business services shed jobs. Export Push: DDEC is taking 11 local companies to Toronto to pursue buyers and partnerships in technology, engineering, biotech, food manufacturing and professional services. Clean Energy: A new three-year regional partnership will develop renewable energy, resilience and workforce training initiatives across Puerto Rico and the Caribbean. Investment: A Taiwanese drugmaker plans a $46 million Puerto Rico plant, while a separate defense-related manufacturing project is expected to bring $16 million to the island. Economic Outlook: The fiscal board says Puerto Rico’s economy has stalled despite billions in recovery funding. Banco Popular says it has not seen major portfolio effects from rising living costs, but is watching inflation and electricity prices.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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