Unemployment Rate in Puerto Rico decreased to 5.60 percent in April from 5.70 percent in March of 2024. Unemployment Rate in Puerto Rico averaged 14.16 percent from 1976 until 2024, reaching an all time high of 25.30 percent in January of 1983 and a record low of 5.50 percent in October of 2023. source: Departamento del Trabajo y Recursos Humanos, Puerto Rico
Unemployment Rate in Puerto Rico is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Puerto Rico Unemployment Rate is projected to trend around 6.20 percent in 2025 and 6.00 percent in 2026, according to our econometric models.