July 28, 2021

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Department of Labor allocates $ 11,171,559.16 for job creation

Department of Labor in Ponce, (Photo: Supplied)

San Juan – With the notice about the availability of funds for the creation and maintenance of jobs, the secretary of the Department of Labor and Human Resources (DTRH), Carlos Rivera Santiago, announced on Wednesday, the approval of the proposals of Law 52 that will promote employment in the public and private sectors, including non-profit entities.

“Through the granting of Law 52 funds, we seek to promote employment opportunities on the island. This fund is nourished by a special contribution paid by private employers to the Unemployment Insurance ”, Rivera Santiago highlighted in a written communication.

The governor stressed that: “The DTRH and this government will continue to work hard to help workers and create jobs.”

On the other hand, the director of the Bureau for the Promotion of Work Opportunities (NFT) attached to the Auxiliary Secretary for Training and Employment Promotion (SAAPE), Dorcas Rosario, explained in detail that this year the record of employers interested in Obtain information related to the proposal filing period corresponding to fiscal year 2020-2021.

“Once the filing term was over, we received around 450 proposals, of which about 221 met all the requirements,” Rosario said.

The agency reported that through the granting of these funds, they have managed to impact around 1,010 jobs, of which 414 positions are newly created.

Among the provisions of Law Number 74 of June 21, 1956, the Employment Security Act in Puerto Rico, since January 1, 1992, all employers, except government agencies and instrumentalities and their political subdivisions, subject to payment of contributions under the provisions of this Law, pays a special contribution equivalent to one percent (1%) of the taxable wages paid in order to nourish the aforementioned Fund.

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