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  • Writer's pictureThe San Juan Daily Star

Rep. Aponte Hernández hails job growth

By The Star Staff

New Progressive Party Rep. José Aponte Hernández on Thursday characterized the current four-year governmental term (2021-2024) as one of “jobs,” highlighting the historic drop in the unemployment rate – 5.7%, which is the lowest in 34 years – and labor participation that is close to a million people (958,200).

“This four-year period, no announcements were made to create 50,000 jobs in 18 months as was done in 2012 and it never materialized; on the contrary, more than 20,000 jobs were lost,” said the former speaker of the House of Representatives in a written statement. “This quadrennium has been different and the statistics are there for everyone to evaluate. Not only do we have the lowest unemployment rate in more than three decades, we also added 23,100 new jobs in November. This makes it clear that this has been, without a doubt, the quadrennium of jobs.”

Employment grew by 2.5% in November, after a 2.7% increase in October, according to information provided by the island Department of Labor and Human Resources’ Non-Agricultural Salaried Employment Survey.

“We have the highest number of people working since December 2012,” Aponte said. “Even with the demographic reality, where the median age rose to 44.5 years and we have over 760,000 people aged 65 and over, the economy added new jobs, with the private sector leading the way with 21,100 new jobs. This means that Puerto Rico’s economic footing is in great shape and that is due to the measures that this administration has taken.”

“Beyond the numbers and figures, the reality on the street is that there are jobs for anyone who wants to have one,” the veteran lawmaker added. “There is money in the economy and there is fiscal responsibility on the part of the government. Puerto Rico has experienced an economic resurgence that is unique in our history and jobs are an essential part of this.”

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