Overall unemployment rate moved up to 7.8% with the biggest shift in Government, which lost 400 roles, based on the most recently available information published in August 2022.
Total employment in the Aguadilla-Isabela, PR market declined by 1,522 jobs in June and the unemployment rate increased compared to the prior month by 10 bps to 7.8%. The national unemployment rate increased by 46 bps over the same time to 3.8%.
- Aguadilla-Isabela, PR unemployment rate is 396 bps above the national rate which is a negative sign.
- Unemployment in the market is 220 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 6% 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: 13,400; -400
- Transportation & Utilities: 11,200; +100
- Manufacturing: 7,000; +100
- Restaurants & Hotels: 5,600; no change
- Financial Services: 1,600; no change
Data is based on the most recent 12 months available, through June 2022 (Data published August 2022 and reports created on August 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.