Overall unemployment rate stayed flat at 6.5% with the biggest shift in Transportation & Utilities, which gained 1,200 roles, based on the most recently available information published in December 2021.
Total employment in the San Juan-Carolina-Caguas, PR market rose by 14,020 jobs in November and the unemployment rate stayed flat. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- San Juan-Carolina-Caguas, PR unemployment rate is 261 bps above the national rate which is a negative sign.
- Unemployment in the market is 270 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 4.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Government: 131,300; +300
- Transportation & Utilities: 127,600; +1,200
- Business Services: 104,000; +1,100
- Education & Healthcare: 79,500; no change
- Restaurants & Hotels: 56,700; +600
- Manufacturing: 46,700; -100
- Financial Services: 36,400; -100
- Construction, Mining: 22,900; +500
- Other Jobs: 13,200; +100
- IT & Development: 12,900; +100
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.