Overall unemployment rate moved down to 8.3% with the biggest shift in Education & Healthcare, which gained 1,200 roles, based on the most recently available information published in September 2021.
Total employment in the San Juan-Carolina-Caguas, PR market rose by 8,230 jobs in August and the unemployment rate decreased compared to the prior month by 10 bps to 8.3%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- San Juan-Carolina-Caguas, PR unemployment rate is 301 bps above the national rate which is a negative sign.
- Unemployment in the market is equal to the unemployment rate in the market last year at this time.
- Average wages (per hour) grew in August versus prior month by 4.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Government: 129,700; +900
- Transportation & Utilities: 125,300; -500
- Business Services: 98,400; +900
- Education & Healthcare: 77,100; +1,200
- Restaurants & Hotels: 54,100; -100
- Manufacturing: 46,100; -300
- Financial Services: 36,500; +600
- Construction, Mining: 21,500; no change
- Other Jobs: 13,200; no change
- IT & Development: 13,000; no change
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.