Issue link: https://read.uberflip.com/i/1440672
31 Puerto Rico 1,035 967 953 974 1,003 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 8.2% 7.8% 8.4% 7.4% 7.1% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 Q4 2021 Total Labor Force (000s) 1,079 Employed Workers (000s) 1,003 Unemployed Workers (000s) 77 Unemployment Rate 7.1% 85% - First Vaccine Dose (December 2021) Covid Update Vaccine mandates across the public and private sector including all businesses with more than 50 employees. All staff and guests at hotels, guesthouses and short-term rentals, require either a negative test or proof of vaccination in order to stay. 13% 38% 12% 0% 25% 50% 75% Employer Tax Profit Tax VAT Puerto Rico Regional Average Other Cost Considerations - Tax Indicative Wages (USD) $2,655 $2,083 $7.25 $0 $5 $10 $0 $2,500 $5,000 Average Wage Manufacturing Wage Minimum Wage Puerto Rico Regional Average 23% 22% 21% 20% 5% 5% 5% 6% 41% 40% 40% 40% 0% 20% 40% 60% 2016 2017 2018 2019 2020 15-24 years 65+ years Total Labor Force Participation Rate by Selected Age Group Working Population (in Thousands) Over Time Unemployment Rate Over Time Labor Force Statistics ILOSTAT Minimum wage set to increase to $8.50 per hour from January. Monthly Hourly Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/ https://www.bls.gov $8.50