Overall unemployment rate moved up to 9.0% , based on the most recently available information published in July 2021.
Total employment in the Guayama, PR market declined by 346 jobs in June and the unemployment rate increased compared to the prior month by 40 bps to 9.0%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Guayama, PR unemployment rate is 291 bps above the national rate which is a negative sign.
- Unemployment in the market is 90 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined in June versus prior month by -1.4% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
For key employment segments of the market, total jobs stayed flat. Key sectors include:
- Government: 4,700; no change
- Transportation & Utilities: 2,200; no change
Employment Change by Key Sector
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.