Civilian Labor Force in Puerto Rico
PRLFN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,244,347.00
Year-over-Year Change
2.86%
Date Range
1/1/1976 - 6/1/2025
Summary
The Civilian Labor Force in Puerto Rico measures the total number of residents in Puerto Rico who are either employed or actively seeking work. It is a key indicator of the island's economic activity and workforce participation.
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
The Civilian Labor Force in Puerto Rico represents the total working-age population that is either employed or unemployed but actively seeking work. It is a widely used metric for analyzing labor market trends and assessing the health of the Puerto Rican economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this trend to understand employment dynamics and guide economic policies in Puerto Rico.
Key Facts
- The Civilian Labor Force in Puerto Rico reached a peak of 1.2 million in 2006.
- Puerto Rico's labor force participation rate is significantly lower than the U.S. national average.
- The Civilian Labor Force has declined by over 15% since the early 2000s due to economic challenges and outmigration.
FAQs
Q: What does this economic trend measure?
A: The Civilian Labor Force in Puerto Rico measures the total number of residents who are employed or actively seeking work, serving as a key indicator of the island's economic activity and workforce participation.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the state of the Puerto Rican economy and labor market, and it informs policymakers and economists in their efforts to address employment challenges and promote economic growth on the island.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the Civilian Labor Force in Puerto Rico to gauge employment dynamics and guide economic policies aimed at improving the island's workforce participation and overall economic performance.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication delays associated with U.S. government statistical releases, but it provides a comprehensive and reliable measure of the civilian labor force in Puerto Rico.
Related Trends
All Employees: Non-Durable Goods: Beverage and Tobacco Product Manufacturing in Puerto Rico
SMU72000003231200001A
All Employees: Accommodation in Puerto Rico
SMU72000007072100001A
All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Puerto Rico
SMU72000004142300001SA
All Employees: Financial Activities in Puerto Rico
SMU72000005500000001
All Employees: Professional and Business Services: Professional, Scientific, and Technical Services in Puerto Rico
SMS72000006054000001
All Employees: Education and Health Services: Individual and Family Services in Puerto Rico
SMU72000006562410001
Citation
U.S. Federal Reserve, Civilian Labor Force in Puerto Rico (PRLFN), retrieved from FRED.