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News
EDA Seeks $500K More for Salaries After Six Years of Flat Funding; Says Full Staffing Would Cost $3M More
21+ min ago (848+ words) he V.I. Economic Development Authority is asking lawmakers for an additional $500,000 above its approved fiscal year 2027 budget, saying six consecutive years of unchanged General Fund appropriations have left the agency struggling to raise salaries, retain employees and fill positions needed to…...
Labor Department Seeks $21.97 Million After Final Repayment of $100 Million Unemployment Loan
1+ mon, 2+ week ago (600+ words) The V.I. Department of Labor is seeking a total operating budget of $21,972,467 for fiscal year 2027, with Commissioner Gary Malloy telling lawmakers that the agency has made its final repayment on a federal unemployment insurance loan that once formed part of a…...
DLCA Launches Affordability Initiative With New Price Transparency Tools for Virgin Islands Consumers
4+ mon, 1+ week ago (516+ words) The Virgin Islands Consortium To save articles or get newsletters, alerts or recommendations – all free. DLCA Launches Affordability Initiative With New Price Transparency Tools for Virgin Islands Consumers DLCA has launched its 2026 “Affordability First” initiative with a new pricing report,…...
Virgin Islands Unemployment Fund Back in the Black After 15 Years as Final Federal Loan Payoff Nears
4+ mon, 2+ week ago (838+ words) The U.S. Virgin Islands’ unemployment insurance trust fund has returned to positive territory for the first time in more than 15 years, a milestone the Bryan administration said marks a major shift for the territory’s labor and fiscal outlook after years of…...
USVI Will Be ‘Recession-Proof’ for the Next 10 Years — Bryan
4+ mon, 3+ week ago (261+ words) Notwithstanding current geopolitical challenges and their impact on global prices, Governor Albert Bryan Jr. is confident that the territory will ride the tide and emerge even stronger. Speaking during Friday’s Revenue Estimating Conference, he stated that “with the war in…...
New Federal Data Shows Virgin Islands Added 1,284 Private-Sector Jobs in Second Quarter of 2025
5+ mon, 1+ week ago (641+ words) Co-Defendant’s Killing Leads Judge to Declare Mistrial in St. Thomas Kidnapping Case Inspector General Audit Finds Missing Taxi Medallions, Improper Licenses, and Years Without Inspections at V.I. Taxicab Commission ST. CROIX — Private-sector employment in the U.S. Virgin Islands recorded…...
SBA Report Cites Rising Small Business Confidence in U.S. Virgin Islands and Puerto Rico
6+ mon, 3+ week ago (606+ words) The U.S. Virgin Islands and Puerto Rico are among the jurisdictions identified by the U.S. Small Business Administration as experiencing rising small-business confidence and activity, according to the agency’s newly released 2025 Annual Report, which outlines what the SBA describes as record-setting results…...
Virgin Islands Private Sector Lost 496 Jobs in First Quarter of 2025, BLS Reports
7+ mon, 1+ week ago (352+ words) The U.S. Virgin Islands recorded a net loss of private-sector jobs during the first quarter of 2025, as business closures and workforce reductions continued to outpace new hiring, according to data released by the U.S. Bureau of Labor Statistics. Business Employment Dynamics data…...