Overall unemployment rate moved up to 7.8% with the biggest shift in Transportation & Utilities, which lost 200 roles, based on the most recently available information published in June 2022.
Total employment in the Aguadilla-Isabela, PR market declined by 938 jobs in April and the unemployment rate increased compared to the prior month by 20 bps to 7.8%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Aguadilla-Isabela, PR unemployment rate is 446 bps above the national rate which is a negative sign.
- Unemployment in the market is 80 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 4.1% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.5%. Key sectors include:
- Government: 13,800; no change
- Transportation & Utilities: 11,100; -200
- Manufacturing: 6,700; -100
- Restaurants & Hotels: 5,600; +100
- Financial Services: 1,600; no change
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.