Happy Industrial Workers of the World Day.
From the World Bank, here’s a chart of labor force participation in Puerto Rico:
41 percent of the folks who are 15+ work. Compare to 70 percent in Singapore, New Zealand, Jamaica, and Ghana. Where can we go to find places where people are less likely to work? Djibouti!
Related:
- Should we expect the Puerto Rico labor force participation rate to fall further? (2017)
- Can Puerto Rico be a laboratory for the future of the rest of the U.S.? (2015)
- the mainland U.S. way to exit the labor force… “Kevin Costner’s estranged wife is requesting $248K a month for child support amid divorce” (Today): In her declaration, Baumgartner states that she has no income and has been a stay-at-home parent since welcoming Cayden in 2007. … [Costner] had also paid [the plaintiff] the prenup’s required $1,000,000 after she filed for divorce. Baumgartner’s filings on June 16 state that she has not touched the money Costner paid her pursuant to their prenup. “I believe that Kevin’s goal is to get me to tap into this money, so he can argue that I’ve waived my right to challenge the Premarital Agreement,” she wrote, adding that she “cannot make this concession (and does) not accept payment.”
But why?
They’re all retired Greenspuns.
Is probably a consequence of having access to welfare benefits that exist because PR is part of the USA. For example, more than 40% of the population receives “nutrition assistance.”
https://en.wikipedia.org/wiki/Nutrition_Assistance_for_Puerto_Rico
I’m not familiar with the nomenclature there. But any chance the ruler would be . . . Sheihk Djibouti? 🙂
Isn’t his official title “Sheikh Sheikh Sheikh Djibouti”?
Don’t fight your feelings, give yourself a chance!