All Employees: Total Nonfarm in Puerto Rico
SMS72000000000000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
964.00
Year-over-Year Change
1.03%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Total Nonfarm in Puerto Rico' metric tracks the total number of nonfarm employees in Puerto Rico, a key indicator of the island's economic activity and labor market health.
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 monthly time series, published by the U.S. Bureau of Labor Statistics, provides a comprehensive overview of employment levels across Puerto Rico's private and public sectors, excluding agricultural workers. It is a widely followed gauge of the territory's macroeconomic performance.
Methodology
The data is collected through surveys of Puerto Rico-based businesses and government entities.
Historical Context
Policymakers and analysts use this employment trend to assess the strength of Puerto Rico's economy and inform economic and workforce development strategies.
Key Facts
- Puerto Rico's nonfarm employment peaked at 1.16 million in 2006.
- The territory's nonfarm workforce declined by over 20% between 2006 and 2020.
- Approximately 75% of Puerto Rico's nonfarm employees work in the private sector.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Total Nonfarm in Puerto Rico' metric tracks the total number of nonfarm employees in Puerto Rico, excluding agricultural workers.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is a key indicator of Puerto Rico's economic activity and labor market health, informing policymakers and analysts about the territory's macroeconomic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Puerto Rico-based businesses and government entities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this employment trend to assess the strength of Puerto Rico's economy and inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics, with no significant update delays or limitations.
Related Trends
Civilian Labor Force in Puerto Rico
PRLF
All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Puerto Rico
SMU72000004244100001A
All Employees: Education and Health Services: Individual and Family Services in Puerto Rico
SMU72000006562410001
All Employees: Education and Health Services: Hospitals in Puerto Rico
SMU72000006562200001
All Employees: Transportation and Warehousing in Puerto Rico
SMU72000004340008901A
All Employees: Educational Services in Puerto Rico
SMU72000006561000001A
Citation
U.S. Bureau of Labor Statistics, All Employees: Total Nonfarm in Puerto Rico (SMS72000000000000001), retrieved from FRED.