Unemployment Rate in Puerto Rico decreased to 7.80 percent in February from 9.60 percent in January of 2020.
Unemployment Rate in Puerto Rico averaged 14.81 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 July of 2020.
Unemployment Rate in Puerto Rico is expected to be 10.90 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 11.10 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.