Overall unemployment rate moved down to 8.4% with the biggest shift in Transportation & Utilities, which gained 100 roles, based on the most recently available information published in December 2021.
Total employment in the Aguadilla-Isabela, PR market rose by 430 jobs in October and the unemployment rate decreased compared to the prior month by 90 bps to 8.4%. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Aguadilla-Isabela, PR unemployment rate is 414 bps above the national rate which is a negative sign.
- Unemployment in the market is 50 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in October versus prior month by 3.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Government: 14,600; no change
- Transportation & Utilities: 10,400; +100
- Manufacturing: 6,100; no change
- Restaurants & Hotels: 5,000; +100
- Financial Services: 1,500; no change
Data is based on the most recent 12 months available, through October 2021 (Data published December 2021 and reports created on December 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.