Unemployment Rate in Puerto Rico increased to 9.10 percent in December from 8.50 percent in November of 2019. Puerto Rico Unemployment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Unemployment Rate in Puerto Rico averaged 14.84 percent from 1976 until 2019, 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.
Unemployment Rate in Puerto Rico is expected to be 8.50 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 8.30 in 12 months time. In the long-term, the Puerto Rico Unemployment Rate is projected to trend around 8.00 percent in 2021 and 7.60 percent in 2022, according to our econometric models.