Labor Force Participation Rate in Puerto Rico remained unchanged at 39.90 percent in December from 39.90 percent in November of 2019. Puerto Rico Labor Force Participation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Labor Force Participation Rate in Puerto Rico averaged 44.72 percent from 1990 until 2019, reaching an all time high of 49.80 percent in February of 2007 and a record low of 38.50 percent in October of 2017. This page provides - Puerto Rico Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Labor Force Participation Rate in Puerto Rico is expected to be 40.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Puerto Rico to stand at 41.00 in 12 months time. In the long-term, the Puerto Rico Labor Force Participation Rate is projected to trend around 41.30 percent in 2021 and 41.50 percent in 2022, according to our econometric models.