Overall unemployment rate stayed flat at 5.0% with the biggest shift in Government, which gained 600 roles, based on the most recently available information published in June 2022.
Total employment in the San Juan-Carolina-Caguas, PR market declined by 5,617 jobs in April and the unemployment rate stayed flat. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- San Juan-Carolina-Caguas, PR unemployment rate is 166 bps above the national rate which is a negative sign.
- Unemployment in the market is 150 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 4.6% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Transportation & Utilities: 133,500; +100
- Government: 131,800; +600
- Business Services: 113,100; -100
- Education & Healthcare: 81,700; +300
- Restaurants & Hotels: 60,700; +500
- Manufacturing: 50,200; +300
- Financial Services: 38,300; +300
- Construction, Mining: 23,700; +300
- Other Jobs: 14,300; +100
- IT & Development: 13,400; 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.