Puerto Rico develops its talented workforce through a rigorous STEM-oriented education system that produces top-notch technical, engineering, and bioscience professionals. Plus, our talent pool is supported by workforce development resources and strong academic centers.
(outpacing the STEM graduation rate of the next U.S. state by 6x)
(according to the World Economic Forum’s Global Competitiveness Report)
(According to Ducker Frontier Latin America)
(FY19)
(Dec 2019)
(Dec 2019)
(May 2019 $53.5K U.S.)
According to the Bureau of Labor Statistics (BLS), there are about 22,000 direct jobs in tech-related fields. Puerto Rico specializes in:
The Workforce Development Program at the Department of Economic Development and Commerce (DDEC) is a federal Workforce Innovation and Opportunity Act (WIOA) program that supports job applicants and displaced workers. It also gives young people access to meaningful employment, education, training, and support services. WIOA operations take place in 16 career centers across the Island. In 2020, Puerto Rico received:
Eligible entities can participate in developing a strong workforce and access up to $40,000,000 in Community Development Block Grant (CDBG) funds to support existing job training programs. The WIOA State Unified Plan for 2020-2023 offers a comprehensive view of Puerto Rico’s workforce development strategies.
Nearly five million Puerto Ricans live on the U.S. mainland, many of which are eager to return to the island. Together with other key stakeholders on the island, Invest Puerto Rico is working on initiatives to harness the potential of these individuals. One of our partners, ConPRmetidos, launched El Comeback, an initiative to collect the resumes of skilled workers on the mainland and connect them with companies in Puerto Rico. Thus far, ConPRmetidos has identified nearly 30,000 individuals. This means that your company can benefit from a talent pool that grows every day.
To assist with bringing talent to Puerto Rico, Puerto Rico’s Incentives Code (aka Act 60) also confers credits to employers looking to attract difficult-to-recruit talent to the Island. Read about Act 60 to learn more.
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