Overall unemployment rate moved down to 7.7% with the biggest shift in Manufacturing, which gained 100 roles, based on the most recently available information published in June 2022.
Total employment in the Aguadilla-Isabela, PR market declined by 876 jobs in May and the unemployment rate decreased compared to the prior month by 10 bps to 7.7%. The national unemployment rate increased by 4 bps over the same time to 3.4%.
- Aguadilla-Isabela, PR unemployment rate is 432 bps above the national rate which is a negative sign.
- Unemployment in the market is 190 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 5.8% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Government: 13,800; no change
- Transportation & Utilities: 11,100; no change
- Manufacturing: 6,900; +100
- Restaurants & Hotels: 5,500; no change
- Financial Services: 1,600; no change
Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.