Unemployment refers to the share of the labor force that is without work but available for and seeking employment. The Trading Economics Application Programming Interface (API) provides direct access to our data. Wage bases shown in bold changed from the prior year. Claims for the prior week was 1,482,000 following an upward revision of 2,000 from 1,480,000. 314 0 obj <> endobj State & Local Unemployment Rates ; Unemployment Research; ... Employment in Puerto Rico’s only large county, the municipio of San Juan, increased 1.3 percent from September 2017 to September 2018. The advance seasonally adjusted insured unemployment rate was 13.4% for the week ending June 13, a decrease of 0.5 percentage point. endstream endobj startxref Unemployment rate by jurisdiction. Data for all U.S. states, the District of Columbia and Puerto Rico is from April 2020, data from the Virgin Islands is from December 2019, data for Guam is from September 2019, data for American Samoa is from 2018, and data for the Northern Mariana Islands is from April 2010. Following is a preliminary list of the 2020 state unemployment insurance (SUI) taxable wage bases (as compared to 2019) and employee SUI withholding rates, if applicable. By November 2009, it stood at 12% and had increased to 15.7% by October 2010. June 18, 2020 For the week ended June 13, seasonally adjusted initial claims declined to 1,508,000 from the previous week’s level. During the week ending June 20, 47 states reported 14,363,143 individuals claiming Pandemic Unemployment Assistance benefits and 41 states reported 850,461 individuals claiming Pandemic Emergency Unemployment Compensation benefits. SAN JUAN, Puerto Rico (AP) — Puerto Rico’s labor secretary resigned on Tuesday as tens of thousands of unemployed workers have yet to receive financial aid promised months ago amid a … Unemployment is a key economic indicator and can be a sign of economic turmoil. Unemployment insurance is a joint state-federal program that provides benefits to eligible workers who lose their jobs through no fault of their own. �;,�B�m6P�y���b`| %PDF-1.5 %���� ... c.2020 The New York Times Company. �xK�!|�;�P b�-� u�p�0މ�P�� �/^X A preliminary look at the 2020 state unemployment taxable wage bases. Download historical data for 20 million indicators using your browser. Download the entire news release (graphs and tables included PDF) 09/06/2020 - The OECD unemployment rate increased by an unprecedented 2.9 percentage points in April 2020 to 8.4%, compared to 5.5% in March, reflecting the impact of Covid-19 containment measures. ... Puerto Rico U.S. Attorney’s Office and IRS Criminal Investigation Warn Taxpayers to be Alert for Scams Related to Covid-19 Economic Impact Payments. ... By Nelson D. Schwartz and Tiffany Hsu. The national unemployment rate fell by 0.5 percentage point over the month to 7.9 percent but was 4.4 points higher than in September 2019. Aguadilla-Isabela-San Sebastian, PR Direct access to our calendar releases and historical data. The highest insured unemployment rates in the week ending June 20 were in Puerto Rico (25.4), Nevada (20.8), Hawaii Puerto Rico’s labor secretary has resigned as tens of thousands of unemployed workers have yet to receive financial aid promised months ago amid a pandemic that has deepened the U.S. territory’s… Labor Force Participation Rate in Puerto Rico increased to 41 percent in June from 39.10 percent in May of 2020. source: Departamento del Trabajo y Recursos Humanos, Puerto Rico Labor Force Participation Rate in Puerto Rico averaged 44.66 percent from 1990 until 2020, reaching an all time high of 49.80 percent in February of 2007 and a record low of 38.50 percent in October of 2017. 0 Published Aug. 20, 2020 … Unemployment refers to the share of the labor … Since data collection resumed effective May 2020, the Puerto Rico Department of Labor has The previous week’s rate … In 2020, 8.41 percent of the total labor force in Puerto Rico was … All suggestions for corrections of any errors about Puerto Rico Economy 2020 should be addressed to the CIA or the source cited on each page. 357 0 obj <>stream STATE EMPLOYMENT AND UNEMPLOYMENT — OCTOBER 2020 . The bureau reported that there were 973,196 employed in June 2020. In June, the largest unemployment rate decreases occurred in Nevada (-10.3 percentage points) and Hawaii (-9.6 points). Puerto Rico Economic Growth The economy is set to recover mildly in FY 2021 (July 2020–June 2021), as growth is not expected until the second half of the year due to lingering uncertainty over the evolution of the pandemic and its associated measures weighing on activity. Puerto Rico's merchandise trade surplus is exceptionally strong, with exports nearly 50% greater than imports, and its current account surplus about 10% of GDP. %%EOF Press Release. State unemployment rates for August 2020 will be released in September 18th. Puerto Rico had an estimated 88,000 people unemployed in July, 8,000 fewer than the 96,000 unemployed the same month last year. The unemployment rate in June stood at 8.4 percent. Unemployment is a significant issue in Puerto Rico with the unemployment rate being as high as 11.7% in 2006. Half of the people unemployed in July had been out of the job for five weeks or less, while 19 percent had been unemployed for 15 weeks or more, according to the survey. The natural rate of unemployment is between 3.5% and 4.5%. The number of unemployed people in the OECD area increased by 18.4 … Rates declined over the month by at least 2.0 percentage points in an additional 27 states. The largest over-the-month jobless rate increase occurred in Nebraska (+1.4 percentage points). For comparison, the U.S. national poverty rate was drastically lower at 13.1%. This page provides the latest reported value for - Puerto Rico Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey … Claims for the prior week was 1,566,000 following an upward revision of 24,000 from 1,542,000. Record rise in OECD unemployment rate in April 2020 . June 5, 2020. Guilty Pleas And Sentences. 330 0 obj <>/Filter/FlateDecode/ID[<64A3C06B244DD249B2ECA27009EED193>]/Index[314 44]/Info 313 0 R/Length 85/Prev 889893/Root 315 0 R/Size 358/Type/XRef/W[1 2 1]>>stream h�b```b``~�����~�A�����, �"�)��7�6 u�0�6(0p�0�-X&!���}���K�Y��?����h~oM�ֵ�����1�eP�R��Dͅ�D��U;M}����,�k�΅�����0K�2嵧ߖ��Qa[�:1�50H004 !C�t�bd� B` �m@����H��جx~&6�l�.^eva�Q���P�}p�cKx[�{� The advance seasonally adjusted insured unemployment rate was 14.4 percent for the week ending May 30, ... Puerto Rico, Rhode Island, Vermont, Washington, West Virginia, and Wisconsin. h�bbd``b`.L_�c�`��4�����g|� �H�փ�� � B$Q$x�D�&FƓ@��v?0 P=S Requirements and benefits vary by state. June 2, 2020. The labour force participation rate is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. April 1, 2020. 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