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35 November, 2020 Puerto Rico Global: 22 Availability: 29 Cost: 55 Regulation: 26 Productivity: 20 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 21) Region: 3 Availability: 3 Cost: 15 Regulation: 4 Productivity: 6 Remote Readiness 3 Remote Readiness 19 The Puerto Rico financial response to Covid-19 includes $10 billion USD from the US Federal Government under the CARES Act. • Cash bonuses for healthcare professionals • Cash benefits for small businesses • Reimbursement of expenses to maintain or resume operations • Extended and enhanced unemployment benefits • Employee Retention Tax Credits https://oversightboard.pr.gov/covid19-info/ Borders to Puerto Rico are open, but travellers must complete a travel declaration form and provide a negative Covid-19 test result. Some restrictions on non-essential shops and a night time curfew is in force. Wearing of face masks in public and following social distancing measures is compulsory. Puerto Rico Q4 2019* Q4 2020* % Change YOY Total Workforce 1.13M 1.04M -8% Unemployment Rate (%) 8.2% 8.4% +2% Unemployed Workers 92K 87K -5% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/ https://www.bls.gov/