Overall unemployment rate moved down to 7.2% with the biggest shift in Education & Healthcare, which gained 1,800 roles, based on the most recently available information published in November 2021.
Total employment in the San Juan-Carolina-Caguas, PR market rose by 10,887 jobs in September and the unemployment rate decreased compared to the prior month by 110 bps to 7.2%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.
- San Juan-Carolina-Caguas, PR unemployment rate is 264 bps above the national rate which is a negative sign.
- Unemployment in the market is 210 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 4.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Government: 130,900; +1,400
- Transportation & Utilities: 125,200; -300
- Business Services: 100,500; +1,400
- Education & Healthcare: 78,700; +1,800
- Restaurants & Hotels: 54,500; +500
- Manufacturing: 46,000; -300
- Financial Services: 36,400; -200
- Construction, Mining: 22,100; +500
- Other Jobs: 13,200; no change
- IT & Development: 13,100; +100
Data is based on the most recent 12 months available, through September 2021 (Data published November 2021 and reports created on November 3, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.