Overall unemployment rate moved up to 8.0% with the biggest shift in Government, which gained 600 roles, based on the most recently available information published in September 2022.
Total employment in the Aguadilla-Isabela, PR market rose by 1,414 jobs in August and the unemployment rate increased compared to the prior month by 10 bps to 8.0%. The national unemployment rate stayed flat over the same time period at 3.8%.
- Aguadilla-Isabela, PR unemployment rate is 421 bps above the national rate which is a negative sign.
- Unemployment in the market is 300 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 5.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 2.1% . Key sectors include:
- Government: 14,100; +600
- Transportation & Utilities: 11,200; +100
- Manufacturing: 6,700; -100
- Restaurants & Hotels: 6,000; +200
- Financial Services: 1,600; no change
Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.