Puerto Rico’s employment indicators were mixed in May compared to April and to May 2016.
On a positive note, the unemployment rate fell to 11%, the lowest rate in nine years. The rate was 11.5% in both May 2016 and April 2017.
Total employment fell 3.3% from April but was up marginally from May 2016. Total employment has fallen 19.9% from May 2007.
Both these statistics come from the U.S. Bureau of Labor Statistics household survey. To determine employment the bureau also does a survey of establishments. In this survey total employment declined 1.3% from May 2016.
The survey showed private sector employment down 0.7% from May 2016.
All statistics in this story have been seasonally adjusted.
