Unemployment in Puerto Rico
The average unemployment rate in Puerto Rico was 10.3% in the decade leading up to 2022, above the 8.6% average for Central America and Caribbean. The unemployment rate in Puerto Rico was 6.0% in 2022. For more information on unemployment, visit our dedicated page
Puerto Rico Unemployment Chart
Note: This chart displays Unemployment Rate for Puerto Rico from 2014 to 2023.
Source: Macrobond.
Puerto Rico Unemployment Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 8.3 | 8.9 | 7.9 | 6.0 | 5.9 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Puerto Rican unemployment projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Puerto Rican unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Puerto Rican unemployment projections.
Want to get access to the full dataset of Puerto Rican unemployment forecasts? Send an email to info@focus-economics.com.