Unemployed Persons in Puerto Rico
LASST720000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68,346.00
Year-over-Year Change
-0.55%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Unemployed Persons in Puerto Rico' trend measures the number of individuals in Puerto Rico who are actively seeking employment but unable to find work. This metric is a key indicator of the island's economic health and labor market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the total number of Puerto Rican residents classified as unemployed according to the Bureau of Labor Statistics' Current Population Survey. Economists and policymakers closely monitor this data to assess the strength of Puerto Rico's economy and identify opportunities for policy interventions to support employment.
Methodology
The data is collected through household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Unemployment figures are a vital input for fiscal and monetary policy decisions affecting Puerto Rico.
Key Facts
- Puerto Rico's unemployment rate averaged over 8% in 2022.
- Unemployment in Puerto Rico is consistently higher than the U.S. national average.
- The number of unemployed persons in Puerto Rico peaked at over 160,000 during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Unemployed Persons in Puerto Rico' trend measures the total number of residents in Puerto Rico who are actively seeking work but unable to find employment.
Q: Why is this trend relevant for users or analysts?
A: Unemployment figures are a crucial indicator of Puerto Rico's economic health and a key input for policymakers and economists assessing the island's labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Unemployment data for Puerto Rico informs fiscal and monetary policy decisions affecting the island's economy and labor markets.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Unemployed Persons in Puerto Rico (LASST720000000000004), retrieved from FRED.