Eliminated overestimation of statistics that marketed COFINA bonds
Statistics Institute announces enrollment period for the second semester of its training courses in data production and analysis
We appreciate the statements of the Fiscal Oversight Board regarding the desirability of maintaining the Puerto Rico Statistics Institute as a public instrument, independent and separate from the Government of Puerto Rico.
In addition, the Board made several recommendations, some of which we wish to comment on. In the first instance, he proposed modernizing and updating Puerto Rico's statistical functions and consolidating them into the Puerto Rico Statistics Institute. We share the concern of the Board and the Government that the fragmentation of statistical functions results in costly and ineffective processes. We are under orders from the Government to design a reorganization plan dedicated to statistical functions that achieve this objective. It's never too late to start working together, collaboratively, to achieve shared and desired goals.
Second, the Board joined the expressions of the bipartisan congressional Task Force of Puerto Rico, also created under the federal PROMESA Act, to the effect that the Institute must be allocated a larger budget, aligned with the important responsibilities it exercises. This recommendation represents an extraordinary opportunity for the Government to comply, for the first time, with the budgetary allocation approved for the Institute in its Organic Law.
Third, the Board recommended that the Institute's independence be protected from political intervention. This is an extremely sensitive issue that every Government we have worked with has had to confront, know, understand, process, accept and eventually take advantage of. At the moment, the Institute oversees the statistical work of the Executive Branch. In any other area, oversight functions would not be allowed to be disrupted. For example, one of the baseball teams would never be allowed to choose or change or influence the referee of a game. Why do we think with statistics that we can, should and is it even normal?
We all suffer from the same disinformation after decades of politicized and underfunded deterioration of the statistical functions of the Government of Puerto Rico. Finally, for 10 years we have had a new instrument, the Puerto Rico Statistics Institute, whose main purpose is to pave the way to complete, reliable statistics with fast and universal access. Let's take advantage of it.
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Press Contact: Sandra Morales Blanes (787) 688-0401
PRESS RELEASE
DR. MARIO MARAZZI‐SANTIAGO
EXECUTIVE DIRECTOR
This represents a new record, as revealed by the most recent Migrant Profile published by the Puerto Rico Institute of Statistics.
San Juan, PR, June 20, 2018 — In 2016 89,000 people immigrated to the United States, thus maintaining the same record level as last year, while there was an increase of 3,000 compared to 2015, for a total of -67,000 people, who emigrated in net terms. This represents a new immigration record for Puerto Rico.
This was revealed in the 2016 Migrant Profile, which was released today and presents a look at the migratory movement of Puerto Rico in the 2016 calendar year using the Survey on the Community of U.S. Census Bureau, as well as the net movement data of air passengers from the U.S. Bureau of Transportation Statistics (BTS) and the Ports Authority. Here are some of the report's other key findings:
4. Between 2015 and 2016, the profile of the population that migrated between Puerto Rico and the United States changed in several ways:
“Among the characteristics examined in 2016, a remarkable 57% of emigrants aged 25 and over had some education greater than high school. In addition, the percentage of emigrants outside the labor force once mobilized in the United States was 37%, compared to 55% with a similar characteristic in Puerto Rico. This picture makes clear the lack of opportunities on the island to allow more people to be inserted into the labor sector, even though more than half of the adults who decided to emigrate have some preparation and potential to be employed. One wonders if we are considering these types of indicators and their trends in order to counteract this pattern,” said Alberto L. Velázquez-Estrada, manager of statistical projects at the Institute.
The full report, as well as previous publications of the profile, are available on the Institute's portal at www.estadisticas.pr.gov, you can also access the various publications in the profile via direct link hither.
The Puerto Rico Statistics Institute is an autonomous governmental entity responsible for coordinating the Government's statistical production service to ensure that the data collection and statistics systems, on which public policies are based, are complete, reliable, and have quick and universal access. The Institute has in its inventory, accessible through www.estadisticas.pr.gov, about 300 statistical products. In addition, it is a custodian and provides access to over 100 data sets or “data sets” through www.data.pr.gov and to over 40 tables and more than 6 thousand indicators through: www.indicadores.pr.
In addition, as the leading entity of the SDC in Puerto Rico, the Institute manages the SDC portal, which contains the main statistical reports and publications of the U.S. Census Bureau on Puerto Rico, specifically those that are most in demand, such as annual population estimates; the Puerto Rico Community Survey (Puerto Rico Community Survey) and official statistics on Puerto Rico's 10-year population and housing censuses, among others. The Puerto Rico SDC portal can be accessed through: https://censo.estadisticas.pr/.
For more information you can visit our website: www.estadisticas.pr.gov. In addition, you can follow us on social networks through Facebook (estadisticas.pr), Twitter (@EstadisticasPR) and LinkedIn (Institute of Statistics of Puerto Rico) accounts.
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Press Contact: Sandra Morales Blanes/(787) 688-0401