Overall unemployment rate moved down to 5.2% with the biggest shift in Transportation & Utilities, which gained 2,000 roles, based on the most recently available information published in January 2022.
Total employment in the San Juan-Carolina-Caguas, PR market rose by 20,666 jobs in November and the unemployment rate decreased compared to the prior month by 30 bps to 5.2%. The national unemployment rate decreased by 4 bps over the same time to 3.4%.
- San Juan-Carolina-Caguas, PR unemployment rate is 184 bps above the national rate which is a negative sign.
- Unemployment in the market is 130 bps below the unemployment rate in the market last year at this time, which is a positive.
- #REF!
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Transportation & Utilities: 138,200; +2,000
- Government: 133,400; +1,900
- Business Services: 116,100; +300
- Education & Healthcare: 83,800; +1,500
- Restaurants & Hotels: 64,900; +300
- Manufacturing: 51,700; +200
- Financial Services: 40,000; +600
- Construction, Mining: 24,900; +300
Data is based on the most recent 12 months available, through November 2022 (Data published January 2022 and reports created on January 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.