Puerto Rico Statistics | Economic Impact Study on Minimum Wage Increase

Description:

The Multisectorial Committee appointed by the Governor of Puerto Rico, Honorable Ricardo Roselló Nevarez, (OE-2017-017) is aimed at establishing recommendations on legislation aimed at increasing the minimum wage in Puerto Rico. This administration has a clear commitment to improving the quality of life of all Puerto Ricans. For this reason, the Multisectorial Committee identified the need to carry out an economic study to analyze the impact on the economy of Puerto Rico of the introduction of an increase in the minimum wage in the private sector.

Objective:

Analyze the economic impact of implementing an increase in the minimum wage in Puerto Rico's private sector to establish legislative recommendations.

Main Variables

Development, Objectives, Study Population, Growth, Study Population, Magnitude, Planning, Knowledge, Balance, Equity, Cost of Living, Life Expectancy, Income and Expenses, Laws, Oversight

Frequency of release of the report:

Variable

Reference Population:

Puerto Rico's private sector.

Product:

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Estudio de Impacto Económico sobre Aumento en el Salario Mínimo

History:

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La Ley Núm. 209-2003, según enmendada, creó al Instituto de Estadísticas de Puerto Rico como una entidad gubernamental autónoma con la encomienda de coordinar el servicio de producción de estadísticas del Gobierno para asegurar que los sistemas de recopilación de datos y estadísticas, en los que se basan las políticas públicas, estén completos, sean confiables y de acceso rápido y universal.

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