Unemployment Rate in Puerto Rico decreased to 8.40 percent in October from 9.30 percent in September of 2020. source: Departamento del Trabajo y Recursos Humanos, Puerto Rico

Unemployment Rate in Puerto Rico averaged 14.74 percent from 1976 until 2020, reaching an all time high of 25.30 percent in January of 1983 and a record low of 7 percent in August of 2019. This page provides the latest reported value for - Puerto Rico Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Puerto Rico Unemployment Rate - values, historical data and charts - was last updated on November of 2020.

Unemployment Rate in Puerto Rico is expected to be 11.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Puerto Rico to stand at 10.90 in 12 months time. In the long-term, the Puerto Rico Unemployment Rate is projected to trend around 10.80 percent in 2021 and 10.00 percent in 2022, according to our econometric models.

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Puerto Rico Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.40 9.30 25.30 7.00 1976 - 2020 percent Monthly
NSA

Puerto Rico Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.40 9.30 25.30 7.00 percent [+]
Population 3.15 3.26 3.83 2.36 Million [+]
Labor Force Participation Rate 40.10 40.70 49.80 38.50 percent [+]
Manufacturing Payrolls 75.90 75.30 161.60 68.70 Thousand [+]
Non Farm Payrolls 819.40 814.80 1100.80 622.40 Thousand [+]
Government Payrolls 200.40 204.40 401.90 191.50 Thousand [+]
Employed Persons 944.00 950.00 1301.00 919.00 Thousand [+]
Employment Rate 36.70 36.90 44.70 33.40 percent [+]
Unemployed Persons 87.00 98.00 226.00 76.00 Thousand [+]


Puerto Rico Unemployment Rate
Puerto Rico, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.