Overall unemployment rate moved down to 5.6% with the biggest shift in Business Services, which lost 4,100 roles, based on the most recently available information published in March 2022.

Total employment in the San Juan-Carolina-Caguas, PR market rose by 53,486 jobs in January and the unemployment rate decreased compared to the prior month by 30 bps to 5.6%. The national unemployment rate increased by 74 bps over the same time to 4.4%.

  • San Juan-Carolina-Caguas, PR unemployment rate is 117 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 January versus prior month by 5.6% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
San Juan-Carolina-Caguas, PR Unemployment January 2022

For key employment segments of the market, total jobs declined by -2.1%. Key sectors include:

  • Transportation & Utilities: 134,200; -2,100
  • Government: 130,300; -1,800
  • Business Services: 110,300; -4,100
  • Education & Healthcare: 78,300; -3,600
  • Restaurants & Hotels: 58,700; -300
  • Manufacturing: 48,300; -800
  • Financial Services: 37,200; -600
  • Construction, Mining: 22,400; -500
  • Other Jobs: 14,200; -100
  • IT & Development: 13,500; +100
San Juan-Carolina-Caguas, PR Unemployment by Industry January 2022

Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.