Puerto Rico Annual Unemployment Rate
Puerto Rico's annual unemployment rate fell to 5.47% in 2024, down from 5.72% in 2023, according to World Bank. This represents a decrease of 0.25% from the previous year. Puerto Rico has annual unemployment rate higher than the global median (5.47% vs median 5.23%). Compared with the median in Americas, Puerto Rico is lower (5.47% vs regional median 6.45%) and ranks 22nd out of 33 countries in Americas.
Yearly Historical Data (1991-2024)
(in %)Puerto Rico Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Puerto Rico's labor force that is looking for work but does not have a job.