“I was working from home, and I got an email. ÍNDICE Economía de Puerto Rico RESUMEN ECONÓMICO DE PUERTO RICO Informe Económico mensual de la Junta de Planificación enero 2020 / Vol. “I arrived here at 11 p.m. — I need the money, I have to pay rent, buy food,” Mr. Rivera said. Volunteers prepared bags of food in June at Comedores Sociales, a food bank in San Juan. Puerto Rico Crisis. The food bank, Comedores Sociales, said that it received 8,000 requests for help in the first two months of the pandemic. “I lost my job on June 1,” said Marelys Figueroa, 27, who was a marketing and recruitment officer at a university. “We have to reinvent ourselves, change the way we work. Puerto Rico in mid-June had the highest insured unemployment rate in the country, at 23 percent, according to the U.S. Department of Labor. So far, the island has had 8,714 confirmed and likely cases of the virus, and 157 deaths. Thanks largely to hurricane reconstruction, Puerto Rico’s economy had been inching toward recovery after a devastating 2017 storm and the bankruptcy of the island’s government the same year. How could Puerto Rican voters affect the midterms? Puerto Rico’s governor says she will activate the National Guard to help enforce a ... Puerto Rico, Tuesday, Nov. 3, 2020. The island has had to weather a hurricane, a political crisis and earthquakes, but those crises did not lead to the widespread unemployment caused by the response to the coronavirus pandemic. Mr. Soto finally got his money last week, after finding three of his checks at the post office: The government had mailed them to the wrong address. A postal worker’s video went viral when he showed unemployment checks stuck in mail purgatory because they had been addressed to “Same”: Many applicants had written their home addresses on the form and then, when asked for their mailing address, wrote “same as above.”. Roberto Rivera, 55, a driver for a guided tour company, slept in his car one night a few weeks ago, his crutches by his side, so he would be the first in line for a short-lived drive-through service center established by the Labor Department to receive disaster unemployment assistance applications. The government also set aside some special Covid-related federal grants to help heavily affected sectors like hospitals and tourism. I’ve been surviving with the little I have left.”, Pandemic Plunges Puerto Rico Into Yet Another Dire Emergency. Yet discontent with colonial rule led to a growing independence movement on the island, and Spain granted … Thanks largely to hurricane reconstruction, Puerto Rico’s economy had been inching toward recovery after a devastating 2017 storm and the bankruptcy of the island’s government the same year. Comedores Sociales received 8,000 requests for help in the first two months of the pandemic. “I submitted everything a month ago, and I haven’t received anything. Puerto Rico’s housing market saw a strong rebound with the seasonally-adjusted purchase-only house price index rising by 9.07% during the year to Q3 2020, a sharp turnaround from y-o-y declines of 0.8% in Q2 and 6.86% in Q1, using inflation-adjusted figures. Many Puerto Ricans have informal off-the-books jobs that do not qualify them for unemployment benefits, making the situation on the island even more complicated, said Amanda M. Rivera, the institute’s executive director. In March, Governor Vázquez announced a $787 million stimulus package, which included $160 million in grants to small businesses and the self-employed. An earthquake shook Puerto Rico in early May, ... 2020 at 5:27 PM EDT. SAN JUAN, P.R. Since then, claims have started being paid, but workers without jobs have remained deeply unsettled. He stressed that the key to recovery will be injecting money into the economy. Fuente: Banco de Desarrollo Económico de Puerto Rico. Elecciones en EEUU 2020 Puerto Rico. The bandaged safety net that has buoyed Puerto Ricans imperfectly in times of crisis … Puerto Rico elegirá nuevo gobernador este martes Por Rafy Rivera , para CNN en Español Publicado a las 15:31 ET (20:31 GMT) jueves, 29 octubre, 2020 Puerto Rico is expected to receive $13 billion in Covid-related federal funds, according to the Financial Oversight and Management Board, the agency that has managed Puerto Rico’s finances since it defaulted on $72 billion in debt. Puerto Rico's new labor secretary, Carlos Rivera Santiago, acknowledged that there were delays in getting unemployment checks to those who needed them, but said the government had opened more offices and improved online services to address the backlog. The poverty rate did not climb after Hurricane Maria in 2017, she said, despite experts’ predictions, because so many people left the island. ... when you think about puerto rico and you can see pictures of san juan and everything looks like ... metrofocus: march 6, 2020. clip. Is Puerto Rico’s botched primary a preview of what an Election Day crisis will look like? “This is going to go on for a while,” said Mr. Soto, 57, who is worried that the cruise industry he depends on will not quickly recover. Wanda Vázquez was the first governor in the nation to order businesses to close and people to stay home. The founders of Casa Pueblo, Tinti Deya and Alexis Massol González, rose to prominence in the 1980s as leaders of the successful movement to thwart the U.S. government’s “2020 Plan,” a top-secret program designed to clear the mountainous region of central Puerto Rico through ethnic cleansing. Maria Enchautegui, an economist at the Youth Development Institute of Puerto Rico, a policy and research organization, said the greatest challenge was the technical capacity of the island’s Labor Department, which was too limited to deal with the crush of applications. It became a critical military outpost, allowing Spain to defend its New World colonies against other European powers. Report: FEMA fumbled in Puerto Rico after storms Irma, Maria, Coronavirus worsens food insecurity in Puerto Rico—amid looming loss of federal funds, Puerto Rico sees more pain, little progress 3 years after Hurricane Maria, Investigation could identify more Hurricane Maria deaths in Puerto Rico, Puerto Ricans displaced by earthquakes wait for a safe home amid roadblocks, delays, In Puerto Rico, demonstrators demand governor's resignation, Aftershocks rattle Puerto Rico as islanders confront new crisis, 'Sad, worried, inconsolable': Earthquakes trigger anxiety in Puerto Rico, post-Hurricane Maria, Restoring earthquake-hit power plant in Puerto Rico could take a year, Puerto Rico under repair as earthquakes continue through the week, For Puerto Rico's LGBTQ community, fight doesn't end with Rosselló, Puerto Rico governor resigns after days of protests over leaked messages, Rosselló will stay as Puerto Rico governor but won't seek re-election, Growing calls for governor of Puerto Rico to resign, Gina Rodriguez: Elected officials need to take care of Puerto Rico. USGS Jan. 25, 2020, 9:54 PM UTC / Updated Jan. 25, 2020, 10:37 PM UTC Puerto Rico’s local businesses are in a crisis by Simon Gardehl Aug 31, 2020 Coronavirus , Economy , Headlines , Puerto Rico 0 comments As the coronavirus remains prevalent in today’s society and economy, small businesses are still facing challenges of remaining open. If the 2020 Puerto Rican Status plebiscite was a victory for the Puerto Rican pro-statehood movement is still an open question, but certainly Puerto Rico and the United States lost. El riesgo a perder el techo tras el COVID-19 es mayor. The COVID-19 pandemic in Puerto Rico is an ongoing viral pandemic of coronavirus disease 2019 (COVID-19), a novel infectious disease caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). Puerto Rico has reached a deal with creditors who hold $35 billion in its general obligation bonds, passing an important milestone as it tries to resolve its $129 billion debt crisis.. She turned to a local food bank for help, vowing to go back to school and start her own business. Monday, November 30, 2020 • 12:19 pm In recent weeks and on the occasion of Black Friday and Cyber Monday, not a few brands have launched consumers with more aggressive offers than usual in order to recover the slowdown in sales caused by the Covid crisis. Christopher Columbus reached the island that would become Puerto Rico, then home to the indigenous Taino people, in 1493, ushering in more than four hundred years of Spanish rule. And with Covid-19 creating serious problems in Florida and other parts of the United States, unemployed Puerto Ricans, who fled to the mainland in droves after Hurricane Maria, have nowhere to turn. The 2020 earthquakes took a brutal toll on Puerto Rico. About $350 million in federal funds went to the private sector to help pay employees at businesses that were disrupted, according to a Puerto Rico government report. But the pandemic has nonetheless plunged Puerto Rico into its fifth dire emergency in three years, one that the government has struggled to manage. Experts say this latest economic crisis has been even more difficult than the one that followed Hurricane Maria. In this July 29, 2015 file photo, the Puerto Rican flag flies in front of Puerto Rico's Capitol as in San Juan, Puerto Rico. The board has estimated that Puerto Rico’s economy will contract by 4 percent. Trump, Biden address Puerto Rico's ongoing crisis weeks before elections 9/20/2020. IV, Núm. The island’s labor secretary, Briseida Torres, resigned in June, when public fury was mounting over the long lines and delayed payouts, including associated delays in receiving federal stimulus checks. Photo: Christopher Gregory … 1 ECONOMÍA DE PUERTO RICO Indicadores Económicos Producción y Ventas de Cemento — With hundreds of thousands of people suddenly out of jobs in Puerto Rico, Luciano Soto, a tour guide who has not worked in nearly four months, wanted to be first in line at the Puerto Rico Convention Center, now outfitted as an unemployment office. It said I was unemployed, effective immediately. “Now that people don’t have that valve, that’s a real concern.”. “The callers who are most shocked are the ones who lost their jobs.”. The scene resembled gasoline lines that formed during Hurricane Maria, but were much longer, as thousands of people traveled overnight from different parts of Puerto Rico to arrive at the convention center before sunrise, driving on dark highways where the streetlights have not been turned on since government austerity cuts three years ago. The epicenter of an earthquake that hit Puerto Rico on Jan. 25, 2020, was near the town of Guayanilla. 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