SAN JUAN – The unemployment rate in Puerto Rico stands at 16.5 percent, the highest of all U.S. jurisdictions, and the government is announcing even more layoffs of public employees. October 15, 2020. SAN JUAN – Dr. Edwin Morales Cortés, a professor at the Institute of Labor Relations of the University of Puerto Rico (UPR), said Wednesday that the interpretation of executive branch officials regarding Puerto Rico’s labor-force participation rate in June 2018 (40.1) and the unemployment rate (9.2) is incorrect. ( U.S. Department of Labor, Comparison of State Unemployment Laws , 2019 .) Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. 2020. Before unemployment of Puerto Rico started to increase to reach a level of 9.3 rate on the week of September 28, it went through a trough reaching a low of 1.57 rate on the week of December 23 2019. ", World Bank, Puerto Rico: Unemployment rate from 1999 to 2020 Statista, https://www.statista.com/statistics/397861/unemployment-rate-in-puerto-rico/ (last visited December 03, 2020), Puerto Rico: Unemployment rate from 1999 to 2020, Crude birth rate in Puerto Rico 2008-2018, Life expectancy at birth in Puerto Rico 2018, Distribution of gross domestic product (GDP) across economic sectors Puerto Rico 2018, Youth unemployment rate in Puerto Rico in 2020, Import of goods and services to Puerto Rico 2018, Unemployment rate in Trinidad and Tobago 2020, Unemployment rate in Abu Dhabi Emirate by educational level 2019, Unemployment rate in rural India 2017-18 by state, Unemployment rate in France 2014, by education level, Unemployment rate in Denmark 2009-2019, by gender, Colombia: revenue of investigation & security services 2014-2017, Forecast: sales value domestic use paper product manufacture Brazil 2009-2020, Argentina: company fraud prevention measures 2018, Consumer behaviour towards ingredient labels on meat products in Great Britain 2013, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Unemployment refers to the share of the labor force that is without work but available for … Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Unemployment Rate in Puerto Rico decreased to 8.40 percent in October from 9.30 percent in September of 2020. Publication of seasonally adjusted data for Puerto Rico will resume at a later time, pending further research. Employment Rate in Puerto Rico decreased to 36.7 % in October 2020. "Puerto Rico: Unemployment rate from 1999 to 2020." State unemployment rates for August 2020 will be released in September 18th. 11.8% (2016 est.) Accessed December 03, 2020. https://www.statista.com/statistics/397861/unemployment-rate-in-puerto-rico/, World Bank. Read more You only have access to basic statistics. facts. Published July 8, 2020 Updated Aug. 7, ... Puerto Rico’s official unemployment rate has not been reported since February, but Mr. Caraballo-Cueto estimates that it is now close to 40 percent. Number of Employed Persons in Puerto Rico decreased to 944 Thousand Person (0.944 Million Person) in October 2020. Forex Technical Analysis & Forecast 03.12.2020, Ichimoku Cloud Analysis 03.12.2020 (AUDUSD, GOLD, USDJPY), EURUSD is excessively optimistic. Chart. Overview for 03.12.2020, Fibonacci Retracements Analysis 03.12.2020 (AUDUSD, USDCAD), Pound feels a scent of trouble. Gross domestic product (GDP) in current U.S. dollars in Puerto Rico 2021, Median age of the population in Puerto Rico 2015, Gross domestic product (GDP) growth rate in Puerto Rico 2021, Gross domestic product (GDP) per capita in current U.S. dollars in Puerto Rico 2024. Please do not hesitate to contact me. The maximum rate was 44.7 % and minimum was 33.4 %. The race most likely to be in poverty in Puerto Rico is Islander, with 76.24% below the poverty level. Profit from additional features by authenticating your Admin account. In 2020, 8.41 percent of the total labor force in Puerto Rico was unemployed. Unemployment Rate in Puerto Rico decreased to 8.4 % in October 2020. Are you interested in testing our corporate solutions? All figures are modeled ILO estimates. Moreover, recurrent earthquakes pose a downside risk to the outlook. The unemployment rate in Puerto Rico could be hovering around 31.4 percent, according to preliminary calculations on different data compiled by the local Labor Department. Puerto Rico includes the following metropolitan areas for which an Economy At A Glance table is available:. Please create an employee account to be able to mark statistics as favorites. The maximum rate was 1301 Thousand Person and minimum was 919 Thousand Person. Puerto Rico Economic Growth The economy is set to recover mildly in FY 2021 (July 2020–June 2021), as growth is not expected until the second half of the year due to lingering uncertainty over the evolution of the pandemic and its associated measures weighing on activity. All 50 states and the District had jobless rate increases from a year earlier. The latest comprehensive information for - Puerto Rico Unemployment Rate - including latest news, historical data table, charts and more. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Data published Monthly by Department of Labor & Human Resources. The number of unemployed people in the OECD area increased by 18.4 million … Data published Monthly by Department of Labor & Human Resources. This means an increase on the current Puerto Rico weekly unemployment compensation of $190 to a maximum of $790 weekly. "This is a worrisome picture for Puerto Rico," said Deepak Lamba-Nieves, research director at San Juan's Center for the New Economy think tank, who added that Puerto Rico's economy has shrunk by nearly 14 percent since 2006, and its labor force participation is among the lowest in the world. Unemployment rate in Puerto Rico 2020; Youth unemployment rate in Puerto Rico in 2020; Import of goods and services to Puerto Rico 2018; Further related statistics. How to compare Forex brokers spreads and swaps? The strain on SUI trust fund reserves in the last decade sparked numerous changes in state laws. New, Figures and insights about the advertising and media world, Industry Outlook This feature is limited to our corporate solutions. Learn more about how Statista can support your business. Corporate solution including all features. • Puerto Rico is treated unequally under key federal programs such as Medicaid as compared to states. Then you can access your favorite statistics via the star in the header. Puerto Rico Unemployment Rate is at 8.40%, compared to 8.30% last month and 7.90% last year. Puerto Rico's monthly unemployment figure dropped in July to its lowest point in half a century, according to new government figures. © Take-profit.org, 2020 | All rights reserved. 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 is lower than the long term average of 14.73% Aguadilla-Isabela-San Sebastian, PR ... All suggestions for corrections of any errors about Puerto Rico Economy 2020 should be addressed to the CIA or the source cited on each page. Data collection resumed effective May 2020, and BLS resumed publication of the not seasonally adjusted data beginning with the June 2020 issuance of this news release on July 17, 2020. Statista. Unemployment reached 9.1 percent in … By September 2020, the unemployment rate decreased to 7.9% . (billed annually). Then you will be able to mark statistics as favourites and use personal statistics alerts. Puerto Rico unemployment was at level of 7.4 rate on the week of October 05, down from 9.3 rate previous week, this is a change of 20.43%. Conversely, in 2019, the wage base was fixed in 27 states and Puerto Rico. 10 Nov. 2020 - The OECD area unemployment rate continued to fall, albeit at a slower pace, in September 2020, to 7.3%, from 7.4% in August. ... which is 26 weeks, until December 31, 2020. By May 2020, the unemployment rate may have been as high as 16%. Graph and download economic data for Unemployment Rate in Puerto Rico (PRUR) from Jan 1976 to Oct 2020 about Puerto Rico, unemployment, rate, and USA. The race least likely to be in poverty in Puerto Rico is White, with 35.51% below the poverty level. What is Unemployment Rate in Puerto Rico? Puerto Rico’s 8.2% unemployment rate (In 2019) is almost three times the national level. Forecast as of 03.12.2020, Short-term forecast for oil, gold, and EURUSD for 02.12.2020, Short-term forecast for BTCUSD, XRPUSD and ETHUSD 03.12.2020, December 3rd 2020: Brexit Issues Weigh on GBP/USD; Technicals Also Point to Lower Levels, List of countries with highest gold reserves, TOP countries with the highest level of unemployment, How to find the best FX broker for trading in 2020. Unemployment Rate in Puerto Rico decreased to 8.4 % in October 2020.
2020 unemployment rate in puerto rico 2020