Puerto Rico Unemployment rate for November pegged at 11.9%
SAN JUAN – Labor Secretary Vance Thomas announced Friday the publication of the most recent employment and unemployment statistics and non-farm payroll employment for November, which reflect that the island’s unemployment rate continues to decline.
“Data from the recent Employment and Unemployment Survey show that the adjusted unemployment rate for the month of November 2016 fell to 11.9 percent. This rate represents 0.3 percent less than in November 2015 [12.2 percent],” Thomas said in a written statement.
The survey, which is obtained through visits to a sample of households, also reflected that adjusted total employment stood at 1,002,000 jobs. The report also shows that the labor-force participation rate stood at 40.1 percent.
The results of the Non-Farm Payroll Employment Survey were also released. The survey is obtained directly from the payrolls of goods, construction and manufacturing companies, and indicated that several industries had job-creation increases.
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