:: News is my Business :: » Puerto Rico’s economic woes ‘hollowed out’ middle class

Puerto Rico's coincident index, which helps economists measure current conditions, depicted a 3.1 percent decline in employment followed by deeper fall of 9.5 percent in payroll, compared with the same quarter in 2012. (Credit: Heidie Calero Consulting Group)

The economic transition that Puerto Rico has been going through for the past seven years has been "extremely painful" for many, as "employment trends have polarized the workforce and hollowed out the middle class," according to the most recent edition of "Compass," a publication by Heidie Calero Consulting Group.

http://newsismybusiness.com/puerto-ricos-economic-woes-hollowed-out-middle-class/

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