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Welcome to your comprehensive guide to the Puerto Rico job market. Finding the right job or candidate requires solid data. We provide the latest statistics on employment, salaries, and economic indicators, empowering you to make informed decisions about your next career step or recruitment strategy in Puerto Rico.
Job Market Overview: Employment Statistics in Puerto Rico
Understanding Puerto Rico's job market is crucial for both job seekers and employers. The country's current employment indicators show:
| Key Metric | Current Status |
|---|---|
| Total Population | 2.860.840 residents |
| Employment Rate | 38.2% (below OECD average) |
| Unemployment Rate | 5.6% (moderately competitive market) |
These Puerto Rico employment statistics reveal a balanced labor market where candidates should highlight specialized skills. The 38.2% employment rate suggests moderate job availability across sectors.
Living & Working in Puerto Rico: Economic Insights
Before relocating or applying for jobs in Puerto Rico, consider these key economic factors:
| Economic Indicator | Value | Comparison to U.S. |
|---|---|---|
| Average Monthly Salary | 1.800,00 USD | 40% of U.S. average (significantly lower) |
| Purchasing Power | 60.2 | moderate compared to U.S. (100) |
With 60.2 purchasing power, salaries in Puerto Rico provide adequate but budget-conscious lifestyles. The average monthly salary of 1.800,00 USD is particularly attractive in the Agriculture sector.
Top Industries & Job Opportunities in PR
Puerto Rico's thriving job market spans these key sectors:
| Leading Industry | Agriculture (growing at 5% annually) |
| Emerging Sector | Manufacturing (25% of workforce) |
| Service Sector | Services (60% of GDP) |
| Major Employers | Banco Popular de Puerto Rico, Triple-S Management, Puerto Rico Electric Power Authority (hiring year-round) |
Job seekers should focus on Agriculture for the most opportunities, while Manufacturing offers growth potential. Major companies like Banco Popular de Puerto Rico, Triple-S Management, Puerto Rico Electric Power Authority frequently post openings for skilled professionals.
Data Sources & Methodology
The statistical data (Population, Employment, Economic Indicators) used in this guide is compiled from the following authoritative sources:
- Employment & Economic Data: World Bank Indicators
- Cost of Living & Salaries: Numbeo Cost of Living Database
- Proprietary Data: Analysis derived from expert interviews and Cityjobs.info internal salary research.
Disclaimer: Data Volatility Note
We strive to update all statistics and figures annually. However, due to the nature of global economics, data like employment rates, exchange values, and average salaries can change rapidly due to political events, economic shifts, or unforeseen crises. Always verify critical figures with local governmental or financial institutions before making major decisions.
CityJobs bridges the gap between job seekers and employers in Puerto Rico, creating a more accessible and inclusive job market for all.
1. What's the employment situation in Puerto Rico?
With a population of 2,860,840 and an employment rate of 38.2%, Puerto Rico offers a growing job market. The unemployment rate currently stands at 5.6%.
2. Which are the top companies in Puerto Rico?
The leading employers in Puerto Rico include Banco Popular de Puerto Rico, Triple-S Management, Puerto Rico Electric Power Authority. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Puerto Rico?
The purchasing power ratio in Puerto Rico is 60.2, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Puerto Rico?
Search our listings filtered for Puerto Rico. Focus on industries where Banco Popular de Puerto Rico, Triple-S Management, Puerto Rico Electric Power Authority are active, and consider that the 38.2% employment rate suggests moderate competition for positions.
5. What should I know about working in Puerto Rico?
With Banco Popular de Puerto Rico, Triple-S Management, Puerto Rico Electric Power Authority as major employers, the job market tends to favor Manufacturing and Services.
