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Puerto Rico Economic Analysis Report 2015-2016 Commonwealth of Puerto Rico Department of Labor and Human Resources Bureau of Labor Stascs

Puerto Rico Economic Analysis Report 2015 2016 · Puerto Rico Economic Analysis Report 2015 2016-5 Figure 3 ompared Population by Age Group Population Estimates July 1, 2010 and 2015

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Page 1: Puerto Rico Economic Analysis Report 2015 2016 · Puerto Rico Economic Analysis Report 2015 2016-5 Figure 3 ompared Population by Age Group Population Estimates July 1, 2010 and 2015

Puerto Rico Economic Analysis Report 2015-2016

Puerto Rico Economic

Analysis Report

2015-2016

Commonwealth of Puerto Rico

Department of Labor and Human Resources

Bureau of Labor Statistics

Page 2: Puerto Rico Economic Analysis Report 2015 2016 · Puerto Rico Economic Analysis Report 2015 2016-5 Figure 3 ompared Population by Age Group Population Estimates July 1, 2010 and 2015

Puerto Rico Economic Analysis Report 2015-2016 2

Table of Content

I. Population…………..…………………………………………………………………………………………………………...3

II. Labor Force, Employment and Unemployment……..…………………………………………………..……..9

III. Employment by Industry…………………..…………………………………………………………………………….19

IV. Business Employment Dynamics (BED)…………………..……………………………………………..………..24

V. Occupational Employment Survey (OES)………………………………………………………………………….27

VI. Occupational Skills & Research……………………………………………..………………………………………..30

VII. Long Term Industry & Occupational Projections 2014-2024………………………………...………….33

VIII. Statistic STEM………………………………..…………………………………………………………………………..…..51

Page 3: Puerto Rico Economic Analysis Report 2015 2016 · Puerto Rico Economic Analysis Report 2015 2016-5 Figure 3 ompared Population by Age Group Population Estimates July 1, 2010 and 2015

Puerto Rico Economic Analysis Report 2015-2016 3

I. Population

A. Demographics

According to the statistics presented by the U.S. Census Bureau, Population Division, the population

of Puerto Rico continues its downward trend since the 2010-2015 period. The decreased in the

estimated population from 2010 to 2015 shows a reduction of 247,345 persons or –6.6%.

B. Population by Age and Sex

When compared the total population by sex, in 2015, there are 161,886 more females than males.

The male population decreases by 126,637 when compared the year 2015 (1,656,148) with the year

2010 (1,782,785). The female population also decreases by 120,708 when compared the year 2015

(1,818,034) with the year 2010 (1,938,742).

Figure 1 Total Population and Population by Sex

(Population Estimates Year July 1, 2010 - 2015)

Source: U.S. Census Bureau, Population Division.

1,7

82

,785

1,7

64

,780

1,7

43

,902

1,7

21

,924

1,6

99

,491

1,6

56

,148

1,9

38

,742

1,9

21

,991

1,8

98

,379

1,8

73

,915

1,8

48

,906

1,8

18

,034

3,721,527

3,686,771

3,642,281

3,595,839

3,548,397

3,474,182

3,350,000

3,400,000

3,450,000

3,500,000

3,550,000

3,600,000

3,650,000

3,700,000

3,750,000

1,600,000

1,650,000

1,700,000

1,750,000

1,800,000

1,850,000

1,900,000

1,950,000

2,000,000

2010 2011 2012 2013 2014 2015

Year

Po

pu

lati

on

Es

tim

ate

s

Male Female Both Sexes

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Puerto Rico Economic Analysis Report 2015-2016 4

Figure 2 Population Estimates by Age Group and Sex

Year 2015

Source: U.S. Census Bureau, Population Division.

The age group of under 5 years of age until 20 to 24 years old, shows more males than females in

2015. While the age group 25 - 29 to 85 years and over show more females than males. The age

group with the highest number of females over males in 2015 was the 60 to 64 years old with a

difference of 19,899. They were followed by the age group of 85 years and over (difference of

19,685), 65 to 69 year old shows a difference of 19,344 and 55 to 59 years old, a difference of 19,192

of females over males.

89,507

102,622

112,350

124,179

125,971

111,167

99,855

104,890

104,593

106,235

107,561

102,377

93,510

89,880

70,294

50,879

32,160

28,118

85,368

97,790

105,397

118,389

122,821

113,504

109,102

116,325

115,224

118,525

124,980

121,569

113,409

109,224

87,289

65,082

46,233

47,803

0 50,000 100,000 150,000 200,000 250,000 300,000

Under 5 years

5 to 9 years

10 to 14 years

15 to 19 years

20 to 24 years

25 to 29 years

30 to 34 years

35 to 39 years

40 to 44 years

45 to 49 years

50 to 54 years

55 to 59 years

60 to 64 years

65 to 69 years

70 to 74 years

75 to 79 years

80 to 84 years

85 years and over

Population Estimates

Age

Gro

up

Male Female

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Puerto Rico Economic Analysis Report 2015-2016 5

Figure 3 Compared Population by Age Group

Population Estimates July 1, 2010 and 2015

Source: U.S. Census Bureau, Population Division.

The age group with the highest number of persons in 2010 year was the 15 to 19 year old (282,899) and in 2015 was the 20 to 24 year old (248,792). These two age groups shows the highest population in 2015. The age group with the highest population loss was the 10 to 14 year old with 49,722.

222,319

238,054

267,469

282,899

262,165

242,469

247,783

240,281

241,688

247,830

239,776

223,990

217,918

177,415

137,016

101,499

67,567

63,388

174,875

200,412

217,747

242,568

248,792

224,671

208,957

221,215

219,817

224,760

232,541

223,946

206,919

199,104

157,583

115,961

78,393

75,921

800 50,800 100,800 150,800 200,800 250,800 300,800

Under 5 years

5 to 9 years

10 to 14 years

15 to 19 years

20 to 24 years

25 to 29 years

30 to 34 years

35 to 39 years

40 to 44 years

45 to 49 years

50 to 54 years

55 to 59 years

60 to 64 years

65 to 69 years

70 to 74 years

75 to 79 years

80 to 84 years

85 years and over

Population Estimates

Age

Gro

up

July 1, 2010 July 1, 2015

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Puerto Rico Economic Analysis Report 2015-2016 6

Figure 4 Difference in Population by Age Group

Population Estimates July 1, 2010 and 2015

Source: U.S. Census Bureau, Population Division.

The population from 65 year old and over is the age group with the highest increase in 2015 when compared to 2010. The age group 65 to 69 year old show the highest increase, followed by the age group 70 to 74. All groups from 65 to 69 year up to the 85 year old and over, show an increase for 2015. The other age groups reflect decreases in population. The age groups with more losses were the bracket under 5 year up to 15 to 19 years; and the age group 30 to 34 years.

-47,444

-37,642

-49,722

-40,331

-13,373

-17,798

-38,826

-19,066

-21,871

-23,070

-7,235

-44

-10,999

21,689

20,567

14,462

10,826

12,533

-60,000 -50,000 -40,000 -30,000 -20,000 -10,000 0 10,000 20,000 30,000

Under 5 years

5 to 9 years

10 to 14 years

15 to 19 years

20 to 24 years

25 to 29 years

30 to 34 years

35 to 39 years

40 to 44 years

45 to 49 years

50 to 54 years

55 to 59 years

60 to 64 years

65 to 69 years

70 to 74 years

75 to 79 years

80 to 84 years

85 years and over

Difference

Age

Gro

up

Page 7: Puerto Rico Economic Analysis Report 2015 2016 · Puerto Rico Economic Analysis Report 2015 2016-5 Figure 3 ompared Population by Age Group Population Estimates July 1, 2010 and 2015

Puerto Rico Economic Analysis Report 2015-2016 7

Table 1 Population by Municipalities

Population Estimates July 1, 2010 and 2015

Source: U.S. Census Bureau, Population Division.

C. Population by Municipalities

When comparing 2010 to 2014 the only two municipalities showing increase in population are:

Gurabo (1,702) and Toa Alta (88).

July 1, 2010 July 1, 2015 Numeric Percent July 1, 2010 July 1, 2015 Numeric Percent

Adjuntas 19,472 18,579 -893 -4.6 Juncos 40,349 39,754 -595 -1.47

Aguada 41,912 39,530 -2382 -5.7 Lajas 25,704 23,935 -1769 -6.88

Aguadilla 60,763 55,804 -4,959 -8.2 Lares 30,631 27,372 -3,259 -10.64

Aguas Buenas 28,653 26,915 -1738 -6.1 Las Marías 9,868 8,881 -987 -10.00

Aibonito 25,874 24,040 -1834 -7.1 Las Piedras 38,714 38,290 -424 -1.10

Añasco 29,265 27,989 -1276 -4.4 Loíza 30,017 27,251 -2,766 -9.21

Arecibo 96,273 89,648 -6,625 -6.9 Luquillo 20,055 19,004 -1051 -5.24

Arroyo 19,572 18,546 -1026 -5.2 Manatí 44,040 40,700 -3,340 -7.58

Barceloneta 24,827 24,650 -177 -0.7 Maricao 6,277 5,903 -374 -5.96

Barranquitas 30,322 29,323 -999 -3.3 Maunabo 12,215 11,315 -900 -7.37

Bayamón 207,917 189,159 -18,758 -9.0 Mayagüez 88,793 79,510 -9,283 -10.45

Cabo Rojo 50,970 49,762 -1208 -2.4 Moca 40,101 37,746 -2355 -5.87

Caguas 142,863 134,481 -8,382 -5.9 Morovis 32,651 31,866 -785 -2.40

Camuy 35,123 32,995 -2128 -6.1 Naguabo 26,773 26,632 -141 -0.53

Canóvanas 47,695 46,972 -723 -1.5 Naranjito 30,387 29,181 -1206 -3.97

Carolina 176,421 161,884 -14,537 -8.2 Orocovis 23,419 21,957 -1462 -6.24

Cataño 28,083 25,641 -2,442 -8.7 Patillas 19,248 17,819 -1429 -7.42

Cayey 48,109 45,490 -2,619 -5.4 Peñuelas 24,215 21,731 -2,484 -10.26

Ceiba 13,612 12,218 -1394 -10.2 Ponce 165,720 149,028 -16,692 -10.07

Ciales 18,752 17,349 -1403 -7.5 Quebradillas 25,895 24,605 -1290 -4.98

Cidra 43,483 41,225 -2258 -5.2 Rincón 15,203 14,551 -652 -4.29

Coamo 40,578 39,862 -716 -1.8 Río Grande 54,292 51,725 -2567 -4.73

Comerío 20,790 19,983 -807 -3.9 Sabana Grande 25,248 23,555 -1693 -6.71

Corozal 37,130 35,037 -2093 -5.6 Salinas 31,043 29,351 -1692 -5.45

Culebra 1,820 1,806 -14 -0.8 San Germán 35,625 32,976 -2,649 -7.44

Dorado 38,238 37,878 -360 -0.9 San Juan 393,971 355,074 -38,897 -9.87

Fajardo 36,876 33,102 -3,774 -10.2 San Lorenzo 41,023 38,721 -2302 -5.61

Florida 12,688 12,188 -500 -3.9 San Sebastián 42,347 39,007 -3,340 -7.89

Guánica 19,377 17,386 -1,991 -10.3 Santa Isabel 23,289 22,517 -772 -3.31

Guayama 45,275 42,721 -2,554 -5.6 Toa Alta 74,280 74,368 88 0.12

Guayanilla 21,523 19,604 -1919 -8.9 Toa Baja 89,465 82,065 -7,400 -8.27

Guaynabo 97,798 90,879 -6,919 -7.1 Trujillo Alto 74,759 69,615 -5,144 -6.88

Gurabo 45,563 47,265 1,702 3.7 Utuado 33,053 30,288 -2,765 -8.37

Hatillo 41,978 41,047 -931 -2.2 Vega Alta 39,945 38,640 -1305 -3.27

Hormigueros 17,250 16,478 -772 -4.5 Vega Baja 59,546 54,792 -4,754 -7.98

Humacao 58,375 54,827 -3,548 -6.1 Vieques 9,305 8,950 -355 -3.82

Isabela 45,653 43,398 -2255 -4.9 Villalba 26,003 23,697 -2,306 -8.87

Jayuya 16,639 15,328 -1311 -7.9 Yabucoa 37,880 35,082 -2,798 -7.39

Juana Díaz 50,733 48,060 -2,673 -5.3 Yauco 41,932 37,679 -4,253 -10.14

Population EstimatesMunicipalities

Population EstimatesChange (2010 to 2015)Municipalities

Change (2010 to 2015)

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Puerto Rico Economic Analysis Report 2015-2016 8

The ten municipalities with highest decrease in population, when compared 2010 and 2015 were:

San Juan (38,897), Bayamón (18,758), Ponce (16,692), Carolina (14,537), Mayagüez (9,283), Caguas

(8,382), Toa Baja (7,400), Guaynabo (6,919), Arecibo (6,625), and Trujillo Alto (5,144).

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Puerto Rico Economic Analysis Report 2015-2016 9

II. Labor Force, Employment and Unemployment

A. Labor Force

The labor force is the sum of employed and unemployed persons. Employed persons consist of:

persons who did any work for pay or profit during the survey reference week; persons who did at

least 15 hours of unpaid work in a family-operated enterprise; and persons who were temporarily

absent from their regular jobs because of illness, vacation, bad weather, industrial dispute, or various

personal reasons. Unemployed persons are classified as unemployed if they do not have a job, have

actively looked for work in the prior 4 weeks, and are currently available for work. Persons who were

not working and were waiting to be recalled to a job from which they had been temporarily laid off

are also included as unemployed. Receiving benefits from the Unemployment Insurance (UI) program

has no bearing on whether a person is classified as unemployed.

In FY 2016, the labor force was estimated in 1,134,000 persons, representing a increase of 4,000

persons or 0.4% when compared to FY 2015 (1,130,000).

Figure 5 Labor Force (thousands of persons 16 years of age and over) Not Seasonally Adjusted

Fiscal Years 2006 - 2016

Source: PR Department of Labor and Human Resources - Labor Force Survey.

B. Employment

In FY 2016, (not seasonally adjusted) the number of employed persons (which includes self-employed

individuals and agricultural employment) reached a total of 1,002,000. This represents a increase of

18,000 employees in the local economy, when compared to FY 2015 (984,000). The self-employment

in FY 2016 was 164,000 or 16.4% of the total of employed persons. In this sector was reflected a

increase of 2,000 persons when compared with FY 2015 (162,000).

1,410 1,413 1,355 1,325 1,285 1,245 1,208 1,180 1,159 1,130 1,1341,000

1,050

1,100

1,150

1,200

1,250

1,300

1,350

1,400

1,450

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

tho

usa

nd

s

Fiscal Years

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Puerto Rico Economic Analysis Report 2015-2016 10

Figure 6 Total Employment (thousands of persons 16 years of age and over) Not Seasonally Adjusted

Fiscal Years 2006 - 2016

Source: PR Department of Labor and Human Resources - Labor Force Survey.

C. Unemployment

In FY 2016, unemployment (not seasonally adjusted) registered 133,000 or 14,000 unemployed

persons less than in FY 2015 (147,000). The unemployment rate (not seasonally adjusted) for FY 2016

was 11.7%, 1.3 percentage points fewer than in FY 2015 with 13.0%. In FY 2016 the unemployment

rate (not seasonally adjusted) for male was 13.4% and 9.4% for female. This represents decreases of

1.2% and 1.3% respectively, when compared to FY 2015.

Figure 7 Unemployment (thousands of persons 16 years of age and over) Not Seasonally Adjusted

Fiscal Years 2006 - 2016

Source: PR Department of Labor and Human Resources - Labor Force Survey.

1,254 1,263 1,203 1,144 1,075 1,043 1,025 1,015 993 984 1,002800

850

900

950

1,000

1,050

1,100

1,150

1,200

1,250

1,300

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

tho

usa

nd

s

Fiscal Years

156 150 152 181 210 201 183 165 166 147 133100

120

140

160

180

200

220

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

tho

usa

nd

s

Fiscal Years

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Puerto Rico Economic Analysis Report 2015-2016 11

Figure 8 Unemployment Rate (thousands of persons 16 years of age and over) Not Seasonally Adjusted

Fiscal Years 2006 - 2016

Source: PR Department of Labor and Human Resources - Labor Force Survey.

11.0 10.6 11.2 13.7 16.3 16.2 15.2 14.0 14.3 13.0 11.70.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Un

em

plo

yme

nt

Rat

e

Fiscal Years

Page 12: Puerto Rico Economic Analysis Report 2015 2016 · Puerto Rico Economic Analysis Report 2015 2016-5 Figure 3 ompared Population by Age Group Population Estimates July 1, 2010 and 2015

Puerto Rico Economic Analysis Report 2015-2016 12

Figu

re 9

U

ne

mp

loym

en

t R

ate

By

Mu

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ipal

itie

s (

No

t Se

aso

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Fisc

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Sou

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: D

ep

artm

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f La

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d H

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eso

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oca

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LAU

S).

-

-

-

-

Page 13: Puerto Rico Economic Analysis Report 2015 2016 · Puerto Rico Economic Analysis Report 2015 2016-5 Figure 3 ompared Population by Age Group Population Estimates July 1, 2010 and 2015

Puerto Rico Economic Analysis Report 2015-2016 13

D. Labor Force by Local Areas of Labor Development Program (PDL)

In this section we present a profile of each one of the designated Labor Development Program (PDL) under the WIOA program. The program divides the Island into 15 local areas, with a total of 78 municipalities of Puerto Rico. In this document we will discuss the labor force profile of each area comparing its changes between FY 2015 and FY 2016. The 15 local areas are:

1. Bayamón-Comerio This area comprises only these two municipalities. The labor force in the subject area presents a raise of 369 persons between FY 2014 and FY 2015. The Bayamón municipality presents the increase with (454) and Comerio a decrease of (-85). In terms of the area’s employment it shows increase of 1,127 employees between the two fiscal years, from those 1,061 are from Bayamón and 65 from Comerio. The unemployment in the area also shows a reduction of (-758) persons of which (-607) are from Bayamón and (-150) from Comerio. The unemployment rate between the two fiscal years shows a reduction of (-1.1%) from FY 2014 to FY 2015.

2. Caguas-Guayama This area comprises eight municipalities of the Island which are Aguas Buenas, Aibonito, Arroyo, Caguas, Cayey, Guayama, Gurabo and Trujillo Alto. For FY 2016 the Labor Force was estimated in 141,250 and for FY 2015 in 140,582, a increase of 668 persons from 2014 to 2015. So is the case for the employment for the area showing a rise of 2,307 person form FY 2015 to FY 2016. The unemployment for the area totaled 16,722 in 2015, a decrease of (-1,639) in FY 2016. This represents a (–1.2%) change in the unemployment rate from FY 2015 to FY 2016.

3. Carolina Carolina is one of the few municipalities operating by itself as a PDL under the WIOA program. The labor force increased from 63,287 to 63,711 or a rise of 424 persons between the two fiscal years. So is the case with employment raise from 57,324 to 58,207 or 882 more people employed from 2015 to 2016. The unemployed for the area from 5,962 in 2015 to 5,504 in FY 2016 a reduction of (-458) unemployed persons. This represents a (-0.8%) change in the unemployment rate from FY 2015 to FY 2016.

4. Guaynabo Toa - Baja The area is composed by four municipalities: Cataño, Guaynabo, Toa Alta and Toa Baja. The labor force reflects a raise from FY 2015 to FY 2016, from 101,704 to 102,754 a increase of 1,050. The employment segment also shows a raise for the same period, from 93,261 to 94,886 with a gain of 1,625 more employees. The number of unemployed persons for the discussed period was (-575) less from 2015 to 2016. The unemployment rate changed from 8.3% to 7.7% or (-0.6%) for the studied period. 5. La Montaña This area composed of the municipalities of Barranquitas, Cidra, Corozal, Orocovis and Naranjito. It is characterized mainly for its diminishing agricultural activity and is located in the central mountainous sector of the Island. Its labor force for FY 2015 was 45,472 and 45,394 for 2016 a

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Puerto Rico Economic Analysis Report 2015-2016 14

difference of 78 less persons in the labor force. Employment for FY 2015 was 39,215 and 39,773 for FY 2016, a increase of 557 persons. The number of unemployed persons also was reduced from 6,257 to 5,622, a reduction of (-635) unemployed persons. The unemployment rate shows a contraction of (-1.4%) from 13.8% in 2015 to 12.4% in 2016.

6. Mayaguez-Las Marías This area is composed by only these two municipalities. Its labor force for FY 2015 was 26,929 and 26,829 for FY 2016 reflected a reduction of (-101) persons. The employment sector however, shows an increase of 531 persons from FY 2015 to FY 2016, from 22,716 to 23,248 respectively. The unemployed persons decreased from 4,213 to 3,581, a reduction of (-632) from FY 2015 to 2016, a reduction of (-2.3%) in the unemployment rate for the period.

7. Noreste This area is composed by nine municipalities: Canóvanas, Ceiba, Culebra, Fajardo, Loiza, Luquillo, Naguabo, Rio Grande, and Vieques. It reduced in its labor force from 73,638 in 2015 to 73,467 in 2016 which means 171 less persons in the labor force. Also, a increase of 1,019 persons is found in its employment component from 63,667 in 2015 and 64,686 in FY 2016. The unemployed persons also diminished for the period when in FY 2015 there were 9,972 unemployed and 8,782 for 2016, a reduction of (-1.6%) in the unemployment rate for the period.

8. Noroeste This area is composed by seven municipalities: Aguada, Aguadilla, Añasco, Isabela, Moca, Rincón and San Sebastian. The labor force population for the area was estimated in 74,661 for FY 2015 while for FY 2016 was 75,141, which represents a increase of 480 persons more in the labor force from the previous year. The employment of the area for 2015 was 62,498 in FY 2015 and 64,213 for FY 2016; this represents an rise of 1,714 employees. The unemployment shows a reduction from 12,163 in 2015 to 10,929 in 2016 a total of (-1,234) less unemployed in the area. The numbers presented before shows a decrease in the unemployment rate of the area from 16.3% in 2015 to 14.5% in 2016, a difference of (-1.7%).

9. Norte Central - Arecibo Eight municipalities compose this area, these are: Adjuntas, Arecibo, Camuy, Hatillo, Jayuya, Lares Quebradillas and Utuado. Its labor force shows a increase of 240 persons from FY 2015 (76,007) to FY 2016 (76,247). The number of employed persons also shows a raise from 63,389 in 2015 to 64,877 in 2016, a gain of 1,489 persons. The number of unemployed persons also decreased for the FY 2015-2016 period, from 12,619 to 11,370 respectively for a total reduction of (-1,249) persons. The unemployment rate for the area decreased from 16.6% to 14.9% or (-1.7)% for the years in discussion.

10. Norte Central – Manatí This area is composed by eight municipalities: Barceloneta, Ciales, Dorado, Florida, Manatí, Morovis, Vega Alta and Vega Baja. The area presents a reduction in the labor force from 2015 to 2016. For 2015 it was estimated in 70,143 and in 2015; 70,050, a decrease of (-93) persons in the labor force. The employment of this labor force shows figures of 60,523 for PY 2015 and 61,468 for 2016 a increase of 945 employees. Unemployment for the area reflects 9,619 for 2015 and

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Puerto Rico Economic Analysis Report 2015-2016 15

8,581 for 2016 a decrease of (-1,038). In terms of the unemployment rate, these figures translate to 13.7% in FY 2015 and 12.3% in 2016, a reduction of (-1.5%) in the unemployment rate.

11. Ponce Ponce is another standalone PDL with a labor force of 48,956 in FY 2015 and 49,021 in FY 2016, increasing in 64 persons from one year to the next. Employment for the municipality was 41,834 for 2015 and 42,308 for 2016, a rise of 474 employed persons. Unemployment for Ponce was register in 7,122 persons in 2015 and 6,712 in 2016 representing 410 less persons unemployed for the last year.

12. San Juan Like Carolina and Ponce, San Juan is the other standalone PDL of the 15 areas in Puerto Rico. In FY 2015 its labor force was estimated in 136,842 while in FY 2016 this number was 139,124 representing a rise of 2,282 from one year to the other. The employment was 126,035 in 2015 and 128,571 in 2016, a rise of 2,535 employees. Total unemployment in the capital city in 2015 was 10,807 and had a reduction of (-254) persons for a total of 10,553 in 2016. Unemployment rate also shows a reduction from 2015 to 2016 of 0.3%, from 7.9 in 2015 to 7.6 for 2016.

13. Sur Central-Salinas This area is composed by five municipalities: Coamo, Juana Diaz, Salinas, Santa Isabel and Villalba. The labor force population for the area was estimated in 52,685 for FY 2015 while for FY 2016 was 52,338, which represents a reduction of (-347) persons less in the labor force than the previous year. The employment of the area for 2015 was 42,277 in FY 2015 and 42,870 for FY 2016; this represents a increase of 593 employees. The unemployment shows a reduction from 10,408 in 2015 to 9,468 in 2016 a total of (-940) less unemployed persons in the area. The numbers presented before shows a reduction in the unemployment rate of the area from 19.8% in 2015 to 18.1% in 2016, a difference of (-1.7%). 14. Sureste Seven municipalities compose this area, these are: Humacao, Juncos, Las Piedras, Maunabo, Patillas, San Lorenzo and Yabucoa. Its labor force shows a reduction of (-299) persons from FY 2015 (71,238) to FY 2016 (70,939). The number of employed persons also shows a increase from 59,503 in 2015 to 60,505 in 2016, a gain of 1,002 persons. The number of unemployed persons also decreased for the FY 2015-2016 period, from 11,735 to 10,434 respectively for a total reduction of (-1,302) persons. The unemployment rate for the area decreased from 16.5% to 14.7% or (-1.8%) for the years in discussion.

15. Suroeste This is the PDL encompassing the largest number of municipalities with 10. These are: Cabo Rojo, Guánica, Guayanilla, Hormigueros, Lajas, Maricao, Peñuelas, Sabana Grande, San Germán and Yauco. The labor force for FY 2015 was estimated in 71,565 and 71,119 in FY 2016 for a reduction of (-446) persons in the latest year. Employment for the area is distributed in 59,107 for FY 2015 and 60,040 for FY 2016. This presents an increase of 933 persons from one year to the next. The figures for unemployment show 12,458 persons unemployed in 2015 and 11,079 for FY 2016 or

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Puerto Rico Economic Analysis Report 2015-2016 16

(-1,379) less persons for FY 2015. The unemployment rate for the area was 17.4% percent in 2015 and 15.6% for 2016, a reduction of (-1.8%) in the unemployment rate.

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Puerto Rico Economic Analysis Report 2015-2016 17

Table 2 Labor Force, Employment, Unemployment and Unemployment Rate by Labor Development Program (PDL)

Fiscal Years 2015 and 2016

Source: Department of Labor and Human Resources, Local Area Unemployment Statistics (LAUS).

FY 2015 FY 2016 Difference FY 2015 FY 2016 Difference FY 2015 FY 2016 Difference FY 2015 FY 2016 Difference

Bayamón - Comerío 73,233 73,602 369 65,601 66,728 1,127 7,632 6,874 -758 10.4 9.3 -1.1

Bayamón 67,993 68,447 454 61,260 62,321 1,061 6,733 6,126 -607 9.9 9.0 -1.0

Comerío 5,240 5,154 -85 4,341 4,406 65 898 748 -150 17.1 14.5 -2.6

Caguas - Guayama 140,582 141,250 668 123,860 126,167 2,307 16,722 15,083 -1,639 11.9 10.7 -1.2

Aguas Buenas 6,912 6,883 -29 5,819 5,909 90 1,093 974 -120 15.8 14.1 -1.7

Aibonito 6,777 6,762 -15 5,682 5,767 86 1,095 995 -101 16.1 14.7 -1.4

Arroyo 5,253 5,239 -14 4,145 4,285 141 1,108 953 -154 21.1 18.2 -2.9

Caguas 48,669 48,961 292 43,229 43,949 719 5,439 5,012 -427 11.2 10.2 -1.0

Cayey 16,329 16,406 76 14,411 14,657 246 1,918 1,748 -170 11.8 10.7 -1.1

Guayama 12,334 12,325 -9 9,966 10,309 342 2,368 2,016 -352 19.2 16.4 -2.8

Gurabo 17,066 17,101 36 15,389 15,638 248 1,676 1,464 -213 9.8 8.6 -1.3

Truji l lo Al to 27,243 27,574 332 25,219 25,653 435 2,024 1,921 -103 7.4 7.0 -0.5

Carolina 63,287 63,711 424 57,324 58,207 882 5,962 5,504 -458 9.4 8.6 -0.8

Guaynabo - Toa Baja 101,704 102,754 1,050 93,261 94,886 1,625 8,443 7,868 -575 8.3 7.7 -0.6

Cataño 8,136 8,174 38 7,212 7,342 130 924 832 -93 11.3 10.2 -1.2

Guaynabo 37,242 37,811 569 34,943 35,612 670 2,299 2,199 -101 6.2 5.8 -0.4

Toa Alta 26,031 26,304 273 23,737 24,117 380 2,293 2,187 -107 8.8 8.3 -0.5

Toa Baja 30,296 30,466 170 27,369 27,815 445 2,926 2,651 -275 9.7 8.7 -1.0

La Montaña 45,472 45,394 -78 39,215 39,773 557 6,257 5,622 -635 13.8 12.4 -1.4

Barranquitas 7,453 7,502 49 6,387 6,504 118 1,067 998 -69 14.3 13.3 -1.0

Cidra 15,708 15,769 61 13,979 14,206 228 1,729 1,563 -167 11.0 9.9 -1.1

Corozal 9,576 9,481 -95 8,189 8,248 59 1,387 1,233 -154 14.5 13.0 -1.5

Orocovis 5,332 5,328 -4 4,393 4,466 73 939 862 -77 17.6 16.2 -1.4

Naranji to 7,403 7,315 -88 6,268 6,348 81 1,136 967 -169 15.3 13.2 -2.1

Mayagüez - Las Marías 26,929 26,829 -101 22,716 23,248 531 4,213 3,581 -632 15.6 13.3 -2.3

Las Marías 2,910 2,960 50 2,318 2,494 176 592 467 -126 20.4 15.8 -4.6

Mayagüez 24,019 23,868 -151 20,399 20,754 355 3,620 3,114 -506 15.1 13.0 -2.0

Noreste 73,638 73,467 -171 63,667 64,686 1,019 9,972 8,782 -1,190 13.5 12.0 -1.6

Canóvanas 16,183 16,305 122 14,172 14,404 231 2,011 1,901 -110 12.4 11.7 -0.8

Ceiba 3,965 3,937 -29 3,355 3,419 64 610 518 -92 15.4 13.2 -2.2

Culebra 805 861 56 769 832 64 37 29 -8 4.6 3.4 -1.2

Fajardo 11,811 11,699 -112 9,892 10,070 178 1,919 1,630 -290 16.3 13.9 -2.3

Loíza 8,945 8,948 3 7,810 7,931 122 1,135 1,016 -119 12.7 11.4 -1.3

Luqui l lo 6,563 6,455 -109 5,416 5,517 101 1,147 938 -209 17.5 14.5 -3.0

Naguabo 8,201 8,077 -124 7,030 7,054 24 1,171 1,023 -148 14.3 12.7 -1.6

Rio Grande 17,165 17,187 21 15,223 15,459 236 1,942 1,728 -214 11.3 10.1 -1.3

Vieques 3,183 3,336 153 2,781 2,978 197 402 358 -45 12.7 10.7 -1.9

Noroeste 74,661 75,141 480 62,498 64,213 1,714 12,163 10,929 -1,234 16.3 14.5 -1.7

Aguada 11,973 12,044 71 10,102 10,403 300 1,871 1,641 -229 15.6 13.6 -2.0

Aguadi l la 14,944 15,165 221 12,688 13,057 368 2,256 2,109 -147 15.1 13.9 -1.2

Añasco 8,924 8,952 28 7,619 7,835 216 1,305 1,117 -188 14.6 12.5 -2.1

Isabela 12,465 12,556 91 10,748 10,954 206 1,717 1,602 -115 13.8 12.8 -1.0

Moca 10,721 10,850 129 8,921 9,190 269 1,799 1,660 -140 16.8 15.3 -1.5

Rincón 4,686 4,675 -11 3,833 3,942 109 854 733 -121 18.2 15.6 -2.6

San Sebastián 10,949 10,901 -49 8,587 8,833 246 2,362 2,067 -295 21.6 19.0 -2.6

Local Area NameUnemployment RateUnemployment EmploymentLabor Force

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Puerto Rico Economic Analysis Report 2015-2016 18

Table 2 (Cont.) Labor Force, Employment, Unemployment and Unemployment Rate by Labor Development Program (PDL)

Fiscal Years 2015 and 2016

Source: Department of Labor and Human Resources, Local Area Unemployment Statistics (LAUS).

FY 2015 FY 2016 Difference FY 2015 FY 2016 Difference FY 2015 FY 2016 Difference FY 2015 FY 2016 Difference

Norte Central - Arecibo 76,007 76,247 240 63,389 64,877 1,489 12,619 11,370 -1,249 16.6 14.9 -1.7

Adjuntas 4,467 4,432 -35 3,585 3,665 81 882 766 -116 19.7 17.3 -2.5

Arecibo 24,113 24,178 65 20,481 20,960 479 3,632 3,218 -413 15.1 13.3 -1.7

Camuy 9,522 9,539 18 8,170 8,358 188 1,352 1,182 -170 14.2 12.4 -1.8

Hati l lo 13,031 13,211 180 10,917 11,146 229 2,113 2,064 -49 16.2 15.6 -0.6

Jayuya 4,177 4,171 -6 3,501 3,576 75 676 595 -82 16.2 14.3 -1.9

Lares 7,591 7,563 -28 5,929 6,092 163 1,662 1,471 -191 21.9 19.5 -2.4

Quebradi l las 6,088 6,086 -3 4,983 5,108 125 1,106 978 -128 18.2 16.1 -2.1

Utuado 7,019 7,068 50 5,823 5,972 150 1,196 1,096 -100 17.0 15.5 -1.5

Norte Central - Manatí 70,143 70,050 -93 60,523 61,468 945 9,619 8,581 -1,038 13.7 12.3 -1.5

Barceloneta 6,012 5,864 -148 4,962 5,025 63 1,051 839 -211 17.5 14.3 -3.2

Cia les 4,030 3,938 -92 3,237 3,287 50 793 651 -142 19.6 16.5 -3.1

Dorado 12,714 12,863 149 11,648 11,856 208 1,066 1,007 -59 8.4 7.8 -0.6

Florida 3,458 3,419 -40 2,878 2,920 41 580 499 -81 16.8 14.6 -2.2

Manati 11,799 11,853 54 10,285 10,486 201 1,514 1,367 -147 12.8 11.5 -1.3

Morovis 8,226 8,127 -99 6,910 7,009 99 1,316 1,118 -198 16.0 13.8 -2.2

Vega Alta 9,895 9,933 38 8,651 8,782 131 1,244 1,152 -93 12.6 11.6 -1.0

Vega Baja 14,008 14,052 44 11,952 12,104 152 2,056 1,948 -108 14.7 13.9 -0.8

Ponce 48,956 49,021 64 41,834 42,308 474 7,122 6,712 -410 14.6 13.7 -0.9

San Juan 136,842 139,124 2,282 126,035 128,571 2,535 10,807 10,553 -254 7.9 7.6 -0.3

Sur Central - Salinas 52,685 52,338 -347 42,277 42,870 593 10,408 9,468 -940 19.8 18.1 -1.7

Coamo 11,128 11,101 -26 8,899 9,061 161 2,228 2,041 -187 20.0 18.4 -1.7

Juana Díaz 15,763 15,729 -34 13,272 13,355 83 2,492 2,374 -117 15.8 15.1 -0.7

Sal inas 8,243 7,763 -479 6,095 6,027 -68 2,148 1,737 -411 26.0 22.3 -3.7

Santa Isabel 9,649 9,767 118 7,742 8,067 325 1,907 1,700 -207 20.0 17.6 -2.4

Vi l la lba 7,902 7,977 75 6,269 6,362 92 1,633 1,615 -18 20.7 20.2 -0.5

Sureste 71,238 70,939 -299 59,503 60,505 1,002 11,735 10,434 -1,302 16.5 14.7 -1.8

Humacao 17,856 17,765 -91 14,982 15,243 261 2,874 2,522 -352 16.1 14.2 -1.9

Juncos 12,439 12,465 26 10,606 10,750 145 1,833 1,715 -119 14.7 13.8 -1.0

Las Piedras 11,364 11,327 -37 9,646 9,786 140 1,717 1,541 -177 15.1 13.6 -1.5

Maunabo 3,085 3,094 9 2,472 2,518 46 613 576 -37 19.9 18.6 -1.3

Pati l las 4,917 4,957 40 3,810 3,942 133 1,107 1,014 -93 22.5 20.5 -2.1

San Lorenzo 12,144 12,060 -84 10,388 10,553 165 1,756 1,507 -249 14.4 12.5 -1.9

Yabucoa 9,434 9,271 -163 7,600 7,713 113 1,834 1,558 -276 19.4 16.8 -2.6

Suroeste 71,565 71,119 -446 59,107 60,040 933 12,458 11,079 -1,379 17.4 15.6 -1.8

Cabo Rojo 14,236 14,137 -99 12,192 12,438 246 2,044 1,699 -345 14.3 12.0 -2.3

Guánica 4,359 4,205 -154 3,390 3,429 39 969 776 -193 22.2 18.5 -3.7

Guayani l la 5,420 5,386 -34 4,319 4,349 30 1,101 1,037 -64 20.3 19.2 -1.1

Hormigueros 5,626 5,664 38 4,911 4,990 80 715 673 -42 12.7 11.9 -0.8

Lajas 5,744 5,676 -68 4,584 4,675 92 1,160 1,001 -159 20.2 17.6 -2.5

Maricao 1,904 1,869 -36 1,552 1,577 26 353 292 -61 18.5 15.6 -2.9

Penuelas 6,399 6,289 -110 5,174 5,216 42 1,225 1,073 -152 19.1 17.1 -2.1

Sabana Grande 6,474 6,471 -3 5,412 5,514 102 1,062 957 -105 16.4 14.8 -1.6

San German 10,467 10,490 23 8,826 8,994 168 1,641 1,496 -145 15.7 14.2 -1.4

Yauco 10,937 10,934 -4 8,749 8,859 110 2,188 2,075 -113 20.0 19.0 -1.0

Unemployment Local Area Name

Unemployment RateLabor Force Employment

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Puerto Rico Economic Analysis Report 2015-2016 19

III. Employment by Industry

A. Current Employment Statistics Survey

Nonfarm employment declined by 10,700 in fiscal year 2016, mainly due the significant loss in the

Government sector. On the other side, the industry sector that added more jobs in fiscal year 2016

when compare to fiscal year 2015, were Leisure & Hospitality (1,500) and Information (400).

In FY 2016 the major industry group that show the highest representation in historical series from FY

2006 to 2016 was Leisure and Hospitality.

The industry sector with major jobs losses in FY 2016 is Mining, Logging & Construction (-3,600);

Government (-3,400); Manufacturing (-1,900); Professional and Business Services (-1,400);

Educational & Health Service (-1,200); Financial activities (-800); and Other Service (-400) had jobs

losses for FY 2015 to 2016 period. The industry sector of Trade, Transportation, and Utilities

remained the same as the previous year.

Figure 10 Non Farm Employment (All Industries)

(thousands of person) Not Seasonally Adjusted - Fiscal Years 2006-2016

Source: PR Department of Labor and Human Resource - Current Employment Statistic (CES).

The distribution of employment for fiscal year 2016 by major industry sector is shown in the next

chart. The three industries with the higher employment are: Government (229,300), Trade,

Transportation, and Utilities (174,400), and Education & Health Services (122,000).

1,0

51

.2

1,0

36

.1

1,0

24

.2

99

6.0

94

3.3

92

3.6

93

1.3

93

7.2

91

7.2

90

5.6

89

4.9

-2.1

-15.1-11.9

-28.2

-52.8

-19.7

7.7 5.9

-19.9

-11.6 -10.7

-80.0

-70.0

-60.0

-50.0

-40.0

-30.0

-20.0

-10.0

0.0

10.0

20.0

800

850

900

950

1,000

1,050

1,100

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Dif

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Fiscal Years

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Puerto Rico Economic Analysis Report 2015-2016 20

Figure 11 Non Farm Employment (All Industries)

Industry Percent Distribution - Not Seasonally Adjusted - Fiscal Year 2016

Source: PR Department of Labor and Human Resource - Current Employment Statistic (CES).

Figure 12 Non Farm Employment: Leisure & Hospitality

(thousands of person) Not Seasonally Adjusted - Fiscal Years 2006-2016

Source: PR Department of Labor and Human Resource - Current Employment Statistic (CES).

Mining, Logging & Construction, 23.3,

2.6%

Manufacturing, 73.1, 8.2%

Trade, Transportation, and Utilities, 174.4,

19.5%Information, 20.5,

2.3%Financial Activities, 41.7,

4.7%

Professional & Business Services, 111.1,

12.4%

Education & Health Services, 122.0,

13.6%

Leisure & Hospitality, 81.9,9.2%

Other Service, 17.6, 2.0%

Government, 229.3,25.6%

74.8 73.6 73.4 70.9 71.1 71.2 72.8 77.0 79.5 80.4 81.9

2.2

-1.2

-0.2

-2.5

0.2 0.1

1.6

4.2

2.5

0.91.5

-6.0

-4.0

-2.0

0.0

2.0

4.0

6.0

60.0

65.0

70.0

75.0

80.0

85.0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Dif

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Fiscal Years

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Puerto Rico Economic Analysis Report 2015-2016 21

Figure 13 Non Farm Employment: Information

(thousands of person) Not Seasonally Adjusted - Fiscal Years 2006-2016

Source: PR Department of Labor and Human Resource - Current Employment Statistic (CES).

Figure 14 Non Farm Employment: Trade, Transportation & Utilities

(thousands of person) Not Seasonally Adjusted - Fiscal Years 2006-2016

Source: PR Department of Labor and Human Resource - Current Employment Statistic (CES).

Figure 15

Non Farm Employment: Mining, Logging & Construction (thousands of person) Not Seasonally Adjusted - Fiscal Years 2006-2016

Source: PR Department of Labor and Human Resource - Current Employment Statistic (CES).

22.7 22.6 21.4 20.2 18.8 18.7 18.7 19.2 19.7 20.2 20.5

0.1 -0.1

-1.2 -1.2 -1.4

-0.1 0.00.5 0.5 0.5

0.3

-4.0

-2.0

0.0

2.0

16.0

18.0

20.0

22.0

24.0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Dif

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Fiscal Years

65.9 64.7 59.7 49.1 36.3 32.0 35.0 33.8 28.3 26.9 23.3

-2.4 -1.2

-5.0

-10.6-12.8

-4.3

3.0

-1.2

-5.5

-1.4-3.6

-25.0

-20.0

-15.0

-10.0

-5.0

0.0

5.0

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Dif

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Fiscal Years

188.8 184.0 181.3 176.5 173.5 174.4 174.3 176.8 176.8 174.4 174.4

1.3

-4.8-2.7

-4.8

-3.0

0.9 -0.1

2.5

0.0

-2.4

0.0

-14.0

-9.0

-4.0

1.0

6.0

160.0

165.0

170.0

175.0

180.0

185.0

190.0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Dif

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Fiscal Years

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Puerto Rico Economic Analysis Report 2015-2016 22

Figure 16 Non Farm Employment: Government

(thousands of person) Not Seasonally Adjusted - Fiscal Years 2006-2016

Source: PR Department of Labor and Human Resource - Current Employment Statistic (CES).

Figure 17

Non Farm Employment: Manufacturing (thousands of person) Not Seasonally Adjusted - Fiscal Years 2006-2016

Source: PR Department of Labor and Human Resource - Current Employment Statistic (CES).

Figure 18

Non Farm Employment: Professional and Business Services (thousands of person) Not Seasonally Adjusted - Fiscal Years 2006-2016

Source: PR Department of Labor and Human Resource - Current Employment Statistic (CES).

302.5 298.1 297.7 300.7 276.5 260.0 258.4 254.6 238.2 232.7 229.3

-5.3 -4.4-0.4

3.0

-24.2

-16.5

-1.6-3.8

-16.4

-5.5-3.4

-35.0

-25.0

-15.0

-5.0

5.0

15.0

200.0

220.0

240.0

260.0

280.0

300.0

320.0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Dif

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Fiscal Years

106.5 108.8 108.2 103.3 102.7 105.7 108.9 112.7 114.8 112.5 111.1

2.7 2.3

-0.6

-4.9

-0.6

3.0 3.2 3.82.1

-2.3-1.4

-12.0

-7.0

-2.0

3.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Dif

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Fiscal Years

112.6 107.9 104.1 96.7 88.3 85.7 83.5 78.7 75.5 75.0 73.1

-4.7 -4.7-3.8

-7.4-8.4

-2.6 -2.2

-4.8

-3.2

-0.5

-1.9

-12.0

-10.0

-8.0

-6.0

-4.0

-2.0

0.0

60.0

70.0

80.0

90.0

100.0

110.0

120.0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Dif

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Fiscal Years

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Puerto Rico Economic Analysis Report 2015-2016 23

Figure 19 Non Farm Employment: Educational and Health Services

(thousands of person) Not Seasonally Adjusted - Fiscal Years 2006-2016

Source: PR Department of Labor and Human Resource - Current Employment Statistic (CES).

Figure 20

Non Farm Employment: Financial Activities (thousands of person) Not Seasonally Adjusted - Fiscal Years 2006-2016

Source: PR Department of Labor and Human Resource - Current Employment Statistic (CES).

Figure 21

Non Farm Employment: Other Services (thousands of person) Not Seasonally Adjusted - Fiscal Years 2006-2016

Source: PR Department of Labor and Human Resource - Current Employment Statistic (CES).

103.7 105.4 108.7 110.0 111.4 114.2 117.6 122.2 123.2 123.2 122.0

3.7

1.7

3.3

1.3 1.4

2.83.4

4.6

1.0

0.0

-1.2

-4.0

-2.0

0.0

2.0

4.0

6.0

90.0

95.0

100.0

105.0

110.0

115.0

120.0

125.0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Diff

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Tho

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ds

Empl

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n Th

ousa

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Fiscal Years

49.8 49.1 48.5 48.5 45.8 43.7 44.4 44.4 43.4 42.5 41.7

1.2

-0.7 -0.60.0

-2.7-2.1

0.70.0

-1.0 -0.9 -0.8

-8.0

-6.0

-4.0

-2.0

0.0

2.0

40.0

42.0

44.0

46.0

48.0

50.0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Dif

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ds

Fiscal Years

24.0 21.9 21.2 20.1 18.8 17.9 17.6 17.9 18.0 18.0 17.6

-0.8-2.1

-0.7-1.1 -1.3

-0.9-0.3

0.3 0.1 0.0-0.4

-6.0

-5.0

-4.0

-3.0

-2.0

-1.0

0.0

1.0

2.0

15.0

18.0

21.0

24.0

27.0

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Dif

fere

nce

in T

ho

usa

nd

s

Emp

loym

en

t in

Th

ou

san

ds

Fiscal Years

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Puerto Rico Economic Analysis Report 2015-2016 24

IV. Business Employment Dynamics (BED)

A. Trends in Gross Job Gains and Job Losses

Opening and expanding private sector business establishments in Puerto Rico gained 42,210 jobs in

the fourth quarter of 2015. This represents an increase of 824 from the previous quarter. Over the

quarter, expanding establishments added 34,193 jobs, while opening establishments added 8,017.

Gross job losses totaled 39,180 in the fourth quarter of 2015, a decrease of 3,434 from the third

quarter of 2015. This was the second decrease in gross job losses since September of 2015. In the

fourth quarter of 2015, contracting establishments lost 32,968 jobs, while closing establishments

accounted for a loss of 6,212 jobs.

Table 3 Three-Month Private Sector Gross Job Gains and Losses, seasonally adjusted

Fourth Quarter 2015

1/ The net employment change is the difference between total gross job gains and total gross job losses. Source: PR Department of Labor and Human Resources—Business Employment Dynamics (BED).

From October to December 2015 in Puerto Rico, gross job gains represented 6.3 percent of private

sector employment, and gross job losses represented 5.8 percent of the private sector employment,

according to preliminary data released by the Bureau of Labor Statistics of the U.S. Department of

Labor. This is less than the national rate of gross job gains (6.6 percent) and the same for job losses

(5.8 percent). The number of job gains from opening and expanding establishments was 39,180 and

the number of job losses from closing and contracting establishments was 42,614. Expanding and

contracting establishments accounted for most of the jobs gained and lost.

B. Rates of Gross Job Gains and Gross Job Losses

From October to December 2015, gross job gains represented 6.3 percent of private sector

employment. Over the quarter, gross job gains at expanding establishments represented 5.1 percent

of private sector employment, and gross job gains at opening establishments represented 1.2

percent. Nationally, these quarter gross job gains at expanding establishments represented 5.4

percent of private sector employment, and at opening establishments represented 1.2 percent.

Category

(3 months ended)

Dec. March June Sept. Dec.

2014 2015 2015 2015 2015

Gross job gains 43,614 35,793 38,676 41,386 42,210

At expanding establishments 36,925 30,001 32,223 34,894 34,193

At opening establishments 6,689 5,792 6,453 6,492 8,017

Gross job losses 33,418 43,227 46,166 42,614 39,180

At contracting establishments 26,707 36,496 33,639 35,677 32,968

At closing establishments 6,711 6,731 12,527 6,937 6,212

Net employment change1/ 10,196 -7,434 -7,490 -1,228 3,030

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Puerto Rico Economic Analysis Report 2015-2016 25

For the same period, gross job losses represented 5.8 percent of private sector employment. Gross

job losses at contracting establishments represented 4.9 percent of private sector employment, the

national rate at contracting establishments was 4.7 percent. The rate of gross job losses at closing

establishments was 0.9 for Puerto Rico, and 1.1 percent for the United States.

Table 4 Three-Month Private Sector Gross Job Gains and Losses as percent of employment,

seasonally adjusted - Fourth Quarter 2014

1/ The net employment change is the difference between total gross job gains and total gross job losses. Source: PR Department of Labor and Human Resources—Business Employment Dynamics (BED).

C. Number of Establishments Gaining and Losing Employment

Another way to observe the dynamics of employment change is to count the number of

establishments that opened, closed, expanded, or contracted during the quarter. Out of 43,785 active

private sector establishments, a total of 9,466 gained jobs from October to December 2015. Of these,

7,995 were expanding establishments and 1,471 were opening establishments. During the fourth

quarter of 2015, 8,531 establishments showed job losses. Of these, 7,180 were contracting

establishments and 1,351 were closing establishments.

D. Establishment Births and Deaths

From October to December 2015, a total of 900 new private sector, non-farm businesses created

4,576 jobs. This represented an increase of 68 establishment births from the prior quarter and a

decrease of 239 jobs. The job gains from these new establishments represented 0.7 percent of total

births employment. The historical time series of birth data shows that the number of establishment

Category

(3 months ended)

Dec. March June Sept. Dec.

2014 2014 2015 2015 2015

Total Private for Commonwealth of Puerto Rico Rates (percent)

Gross job gains 6.4 5.3 5.8 6.2 6.3

At expanding establishments 5.4 4.4 4.8 5.2 5.1

At opening establishments 1.0 0.9 1.0 1.0 1.2

Gross job losses 4.9 6.4 6.8 6.3 5.8

At contracting establishments 3.9 5.4 5.0 5.3 4.9

At closing establishments 1.0 1.0 1.8 1.0 0.9

Net employment change1/ 1.5 -1.1 -1.0 -0.1 0.5

Total Private for United States as a whole Rates (percent)

Gross job gains 6.6 5.9 6.4 6.1 6.6

At expanding establishments 5.4 4.8 5.3 5.0 5.4

At opening establishments 1.2 1.1 1.1 1.1 1.2

Gross job losses 5.7 5.7 5.7 5.8 5.8

At contracting establishments 4.6 4.7 4.7 4.8 4.7

At closing establishments 1.1 1.0 1.0 1.0 1.1

Net employment change1/ 0.9 0.2 0.7 0.3 0.8

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Puerto Rico Economic Analysis Report 2015-2016 26

births has remained around 900 every quarter.

Table 5 Three-Month Private Sector Establishments by Direction of Employment Change

seasonally adjusted - Fourth Quarter 2014

1/ The net employment change is the difference between the number of opening establishments and the number of closing establishment. Source: PR Department of Labor and Human Resources—Business Employment Dynamics (BED).

Category

(3 months ended)

Dec. March June Sept. Dec.

2014 2015 2015 2015 2015

Establishments gaining jobs 9,367 8,227 8,561 8,250 9,466

Expanding establishments 8,010 6,988 7,370 7,000 79,995

Opening establishments 1,357 1,239 1,191 1,250 1,471

Establishments losing jobs 8,378 9,906 9,363 9,392 8,531

Contracting establishments 7,044 8,324 7,767 7,964 7,180

Closing establishments 1,334 1,582 1,596 1,428 1,351

Net employment change1/ 23 -343 -405 -178 120

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Puerto Rico Economic Analysis Report 2015-2016 27

V. Occupational Employment Survey

A. Occupational Employment and Wage Estimates 2015

According to the 2015 Occupational Employment Survey, estimated employment for the year was

890,760. The hourly mean wage was $13.56 and the hourly median wage was $9.61. In terms of

employment and wages by major occupational group, the Office and Administrative Support

Occupations had the highest employment with 167,480. The hourly mean and median wage for this

group was $11.49 and $9.44, respectively. Other occupational groups that stand out in terms of

employment were, Sales and Related Occupations, 112,040 workers; Food Preparations and Serving

Related Occupations, 71,680 workers; Education, Training, and Library Occupations, 65,910;

Production Occupations, 61,130 workers; and Protective Service Occupations, 54,470 workers.

Table 6 Employment and Wages by Major Occupational Group, 2015

Source: PR Department of Labor and Human Resources. Occupational Employment Statistics (OES)

The top 25 highest employment and paying occupations are shown in the next charts.

SOC Occupational Group (SOC Title)

Employment Hourly Wage Annual Wage

Code Total Mean Median Mean Median

11-0000 Management Occupations 38,140 $34.63 $28.38 $72,020 $59,030

13-0000 Business and Financial Operations Occupations 39,890 $18.56 $15.71 $38,610 $32,680

15-0000 Computer and Mathematical Occupations 9,430 $20.73 $18.30 $43,110 $38,070

17-0000 Architecture and Engineering Occupations 12,700 $26.07 $24.13 $54,220 $50,180

19-0000 Life, Physical, and Social Science Occupations 6,580 $21.77 $18.24 $45,280 $37,940

21-0000 Community and Social Service Occupations 15,670 $13.76 $12.89 $28,620 $26,800

23-0000 Legal Occupations 4,460 $30.49 $26.50 $63,420 $55,120

25-0000 Education, Training, and Library Occupations 65,910 $16.84 $15.57 $35,020 $32,390

27-0000 Arts, Design, Entertainment, Sports, and Media Occupations 6,910 $15.70 $13.01 $32,660 $27,050

29-0000 Healthcare Practitioners and Technical Occupations 51,740 $17.24 $13.77 $35,850 $28,640

31-0000 Healthcare Support Occupations 10,430 $9.49 $8.81 $19,730 $18,320

33-0000 Protective Service Occupations 54,470 $12.05 $10.48 $25,070 $21,810

35-0000 Food Preparation and Serving Related Occupations 71,680 $8.80 $8.60 $18,300 $17,880

37-0000 Building and Grounds Cleaning and Maintenance Occupations 40,240 $9.29 $8.71 $19,310 $18,120

39-0000 Personal Care and Service Occupations 16,550 $9.03 $8.62 $18,780 $17,930

41-0000 Sales and Related Occupations 112,040 $10.57 $8.87 $21,980 $18,450

43-0000 Office and Administrative Support Occupations 167,480 $11.49 $9.44 $23,900 $19,630

45-0000 Farming, Fishing, and Forestry Occupations 2,080 $10.35 $8.92 $21,530 $18,550

47-0000 Construction and Extraction Occupations 29,560 $10.11 $8.91 $21,020 $18,520

49-0000 Installation, Maintenance, and Repair Occupations 30,250 $13.14 $11.06 $27,320 $23,010

51-0000 Production Occupations 61,130 $11.27 $9.31 $23,430 $19,370

53-0000 Transportation and Material Moving Occupations 43,410 $10.52 $8.90 $21,890 $18,510

Page 28: Puerto Rico Economic Analysis Report 2015 2016 · Puerto Rico Economic Analysis Report 2015 2016-5 Figure 3 ompared Population by Age Group Population Estimates July 1, 2010 and 2015

Puerto Rico Economic Analysis Report 2015-2016 28

Figure 22 Top 25 Highest Paying Occupations, 2015

Source: PR Department of Labor and Human Resources. Occupational Employment Statistics (OES)

$87.28

$50.53

$48.82

$48.81

$48.71

$48.24

$46.64

$39.42

$39.31

$39.23

$38.87

$38.50

$37.44

$37.42

$37.31

$37.26

$37.11

$37.06

$36.79

$36.68

$36.53

$36.50

$35.47

$35.44

$35.24

$0.0 $10.0 $20.0 $30.0 $40.0 $50.0 $60.0 $70.0 $80.0 $90.0 $100.0

Psychiatrists

Chief Executives

Air Traffic Controllers

Industrial Production Managers

Obstetricians and Gynecologists

Architectural and Engineering Managers

Natural Sciences Managers

Financial Managers

Administrative Law Judges, Adjudicators, and Hearing Officers

Pharmacists

Marketing Managers

Sales Managers

Transportation, Storage, and Distribution Managers

Compensation and Benefits Managers

Computer and Information Systems Managers

Anesthesiologists

General and Operations Managers

Postmasters and Mail Superintendents

Geoscientists, Except Hydrologists and Geographers

Training and Development Managers

Advertising and Promotions Managers

Internists, General

Medical and Health Services Managers

Electronics Engineers, Except Computer

Family and General Practitioners

Hourly Mean

Occ

up

atio

ns

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Puerto Rico Economic Analysis Report 2015-2016 29

Figure 23 Top 25 Highest Employment Occupations, 2015

Source: PR Department of Labor and Human Resources. Occupational Employment Statistics (OES)

41,520

32,370

28,010

24,700

23,250

23,240

17,490

17,280

16,040

15,980

14,070

13,480

11,840

11,360

11,080

9,930

9,670

9,480

9,300

9,110

9,100

8,580

7,900

7,520

7,490

5,000 20,000 35,000 50,000

Retail Salespersons

Cashiers

Janitors and Cleaners, Except Maids and Housekeeping Cleaners

Secretaries and Administrative Assistants, Except Legal, Medical, andExecutive

Security Guards

Office Clerks, General

Registered Nurses

Stock Clerks and Order Fillers

Police and Sheriff's Patrol Officers

First-Line Supervisors of Office and Administrative Support Workers

Elementary School Teachers, Except Special Education

Customer Service Representatives

First-Line Supervisors of Retail Sales Workers

Combined Food Preparation and Serving Workers, Including FastFood

Waiters and Waitresses

Executive Secretaries and Executive Administrative Assistants

Laborers and Freight, Stock, and Material Movers, Hand

First-Line Supervisors of Food Preparation and Serving Workers

Secondary School Teachers, Except Special and Career/TechnicalEducation

Cooks, Fast Food

Accountants and Auditors

Food Preparation Workers

Heavy and Tractor-Trailer Truck Drivers

Bookkeeping, Accounting, and Auditing Clerks

Sales Representatives, Wholesale and Manufacturing, ExceptTechnical and Scientific Products

Employment

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Puerto Rico Economic Analysis Report 2015-2016 30

VI. Occupational Skills & Research

This section presents the results of the Occupational Skills and Research Survey of the Puerto Rico

Bureau Labor Statistics. It presents skills on demand by employers in Puerto Rico. Of the entire

universe of employers, 31.0% informed that they had recruited at least one new employee between

April of 2013 and March of 2014. Of the recruited employees, 24.9% were not required to present

any evidence of a specific level of education. However, 31.2% of those recruited at the end of the

time period had a high school diploma or its equivalent, while 25.2% had a Bachelor degree.

A. Rate of Overqualification

The rate of overqualification, equivalent to the rate of those most recently hired with a higher

academic level to that required by the job vacancy, reached 38.4%. This rate reflected an increase of

7.2 percentage points when compared with that of the previous year (45.6%).

The industry with the highest rate of overqualification was Information, where 98.5% of the recruited

employees had more education that the one required by the job vacancy, followed by Business

Administration with 87.2%.

Figure 24

Top 5 Industries with Highest Rate of Overqualification - 2014

Source: Puerto Rico Department of Labor: Occupational Skills & Research Division.

B. Rate of Contracted Hires

The rate of contracted hires for the month of March 2014 was 1.5% and the rate of separation was

1.4%, while for March of 2013, the rate was 1.9% and 1.5% respectively. Of the total amount of

those hired in March 2014, 16.8% were part-time workers (less than 28 hours per week), and for

March 2013 was 17.9%. Health plans were offered by 24.4% of employers.

98.5

87.2

56.6

56.3

48.4

0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0 90.0 100.0

Information

Business Administration

Manufacturing

Agriculture and Mining

Accomodation and Food Services

Percent

Indu

stri

es

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Puerto Rico Economic Analysis Report 2015-2016 31

C. Job skills with most demand

Timeliness and responsibility, followed by the Capability to follow instructions were the job skills with

most demand and most important to employers. The same were selected for the year 2014 by 81.1%

and 79.7%, respectively.

Figure 25

Top 5 Higher Demand Skill, 2013-2014

Source: Puerto Rico Department of Labor: Occupational Skills & Research Division.

The five (5) tasks or activities mostly required of a new recruit, and the percent of employers requiring

them for 2014 were as follows:

Figure 26

Top 5 Tasks or Activities Mostly Required of a New Recruit - 2014

Source: Puerto Rico Department of Labor: Occupational Skills & Research Division.

80.9

78.8

67.5

59.7

56.1

81.1

79.7

66.7

61.4

58.1

0.0 20.0 40.0 60.0 80.0 100.0 120.0 140.0 160.0 180.0

Timeliness and responsibility

Capability to follow instructions

Oral and written communications

Team work capability

Skills customer services

Percent

Skill

s

2013 2014

81.0

74.7

69.0

63.2

55.6

0.0 20.0 40.0 60.0 80.0 100.0

Meet Itineraries

Customer relations

Team work

Priority management

Basic arithmetic

Percent

Task

s o

r A

ctiv

itie

s

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Puerto Rico Economic Analysis Report 2015-2016 32

D. Vacancy rate

The vacancy rate, defined as the number of jobs vacant at the moment of answering the

questionnaire, as a percent of the total universe, was 4.6%. This rate reflected an increase of 2.6

percentage points when compared to that of the previous year (2.0%). Of the total of employers that

answered the questionnaire, 8.2% informed that they had vacant jobs; and of these, 47.5% found

difficulty in trying to fill them.

The highest vacancy rate corresponded to the Public Administration industry with 14.6%, followed by

Educational Services with 9.1%. Among the establishments that reported having vacant jobs, the

industries of Information (66.7%) and Professional, Scientific, and Technical Services (61.5%)

registered the highest percentage rate of new vacant jobs. During the previous year, the industries

with the highest percentage rate of new jobs were Arts, Entertainment and Recreation (79.5%) and

Administrative and Support Services (57.2%).

The Administrative and Support Service and Educational Services industries was the one that reflected

the highest percentage rate of establishment with vacancies hardest to fill with 83.3% and 73.9%,

respectively. In 2013, the Information industry was the one that reported the highest percentage rate

of establishment with vacancies hardest to fill. Within the occupations the Pharmacists (3.9%) and

Retail Salespersons (3.9%), they reflected the highest percentage rate as the vacancies hardest to fill.

Figure 27 Top 5 Occupations with the Rate of Vacancies Hardest to Fill - 2014

Source: Puerto Rico Department of Labor: Occupational Skills & Research Division.

3.9

3.9

3.2

2.5

2.5

0.0 2.0 4.0 6.0

Pharmacists

Retail Salespersons

Emergency Medical Technicians and Paramedics

Executive Secretaries and Executive Administrative Assistants

Automotive Service Technicians and Mechanics

Percent

Occ

up

atio

ns

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Puerto Rico Economic Analysis Report 2015-2016 33

VII. Long Term Industry Projections 2014-2024

A.Employment by Industry

Industry projections for the 2014-2024 period indicate an increase of 9,674 new jobs. This increase is

mainly expected in the Service Providing sector with 1.56 percent of job growth. The industry sector

with the highest gain was Health Care and Social Assistance sector, showing the highest increase in

the Ambulatory Health Care Service industry. Professional and Business Services; Leisure and

Hospitality; and Not Incorporated Self Employed; follow as the major industry sectors with the

highest increment in 2024. Service-providing industries are Wholesale and Retail Trade;

Transportation and Warehousing; Utilities; Information; Financial Activities; Professional and

Business Services; Education and Health Services; Leisure and Hospitality; Other Services; and

Government. The Government sector showing a higher decrease of 29,372, due to losses in State

Government projected at 22,945.

The Goods Producing industries are also projecting a loss in employment of 12,998 jobs. The

Manufacturing and Construction industries are expected to decrease by 7,604 and 5,312 jobs

respectively in 2024. The only major industry sector: Agriculture, Forestry, Fishing and Hunting; is

expected to slight increase by 38 jobs for 2024.

Figure 28 Numeric Change in Employment by Major Industry Sector

Projected 2014-2024

Source: Puerto Rico Department of Labor: Research & Statistics Division.

13,334

11,577

10,531

10,328

4,495

4,334

3,458

1,516

985

110

38

-120

-182

-870

-5,312

-6,245

-7,604

-7,754

-22,945

-40,000 -30,000 -20,000 -10,000 0 10,000 20,000 30,000

Health Care and Social Assistance

Professional and Business Services

Leisure and Hospitality

Total Self-Employed not-incorporated

Information

Retail Trade

Financial Activities

Wholesale Trade

Transportation and Warehousing

Utilities

Agriculture, Forestry, Fishing and Hunting

Mining, Quarrying, and Oil and Gas Extraction

Total Federal Government Employment

Other Services (Except Government)

Construction

Local Government, Excluding Education and Hospitals

Manufacturing

Educational Services (Public and Private)

State Government, Excluding Education and Hospitals

Employment

Maj

or

Ind

ust

ry S

ect

or

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Puerto Rico Economic Analysis Report 2015-2016 34

Figure 29 Percent Change in Employment by Major Industry Sector

Projected 2014-2024

Source: Puerto Rico Department of Labor: Research & Statistics Division.

The above graph shows the rate at which jobs are expected to be added or lost over the 2014-2024

period in each major industry sector. The Utilities sector and the Information sector are projected to

continue growing with 36.07 percent and 22.43 percent.

36.07

22.43

15.70

13.20

10.27

8.86

8.03

6.75

4.82

3.33

0.33

-1.31

-5.84

-7.88

-10.21

-11.41

-19.64

-19.84

-24.36

-35.00 -25.00 -15.00 -5.00 5.00 15.00 25.00 35.00 45.00

Utilities

Information

Health Care and Social Assistance

Leisure and hospitality

Professional and Business Services

Total Self-Employed not-incorporated

Financial Activities

Transportation and Warehousing

Wholesale Trade

Retail Trade

Agriculture, Forestry, Fishing and Hunting

Total Federal Government Employment

Other Services (Except Government)

Educational Services (Public and Private)

Manufacturing

Local, Excluding Education and Hospitals

Mining, Quarrying, and Oil and Gas Extraction

Construction

State, Excluding Education and Hospitals

Percent Change

Maj

or

Ind

ust

ry S

ect

or

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Puerto Rico Economic Analysis Report 2015-2016 35

Figure 30 Most New Jobs - Numeric Growth in Employment by Detailed Industry

Projected 2014-2024

Source: Puerto Rico Department of Labor: Research & Statistics Division.

The industries above are projected to add the most new jobs between 2014 and 2024. Food Services

and Drinking Places is the industry with the highest projected employment. This subsector prepare

meals, snacks, and beverages to customer order for immediate on-premises and off-premises

consumption. There is a wide range of establishments in these industries. Some provide food and

drink only; while others provide various combination of seating space, waiter/waitress services, and

incidental amenities, such as limited entertainment. Industries in the Health Care sector and Social

Assistance as: Ambulatory Health Care Services; Hospitals; Health and Personal Care Stores; Nursing

Residential Care Facilities; and Social Assistance are expected to gain the most new jobs.

8,698

7,185

6,114

4,131

3,500

3,348

2,989

2,624

2,355

1,849

1,730

1,470

1,228

1,171

1,044

974

903

835

803

798

- 2,000 4,000 6,000 8,000 10,000

Food Services and Drinking Places

Ambulatory Health Care Services

Administrative and Support Services

Hospitals

Professional, Scientific, and Technical Services

Insurance Carriers and Related Activities & Funds, Trusts, and OtherFinancial Vehicles

Telecommunications

Merchant Wholesalers, Nondurable Goods

Health and Personal Care Stores

General Merchandise Stores

Motor Vehicle and Parts Dealers

Accommodation, including Hotels and Motels

Food and Beverage Stores

Waste Management and Remediation Service

Nursing and Residential Care Facilities

Social Assistance

Motion Picture and Sound Recording Industries

Real Estate

Data Processing, Hosting and Related Services

Transit and Ground Passenger Transportation

Employment

Ind

ust

ry

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Puerto Rico Economic Analysis Report 2015-2016 36

Figure 31 Fastest Growing Industries - Percent Growth in Employment by Detailed Industry

Projected 2014-2024

Source: Puerto Rico Department of Labor: Research & Statistics Division.

This chart shows how fast industries are expected to add jobs over the 2014-2024 decade. The top

industry is Data Processing, Hosting, and Related Services. This subsector group establishments

provide the infrastructure for hosting and/or data processing services. Waste Management and

Remediation Services subsector group establishments engaged in the collection, treatment, and

disposal of waste materials. The Transit and Ground Passenger Transportation subsector include a

variety of passenger transportation activities, such as urban transit systems; chartered bus, and

interurban bus transportation; and taxis.

37.90

32.37

30.98

30.94

27.15

23.82

22.32

20.05

18.61

14.24

14.23

13.67

12.91

12.67

11.99

10.83

10.55

10.28

9.59

8.96

0.00 10.00 20.00 30.00 40.00 50.00

Data Processing, Hosting and Related Services

Waste Management and Remediation Service

Transit and Ground Passenger Transportation

Telecommunications

Motion Picture and Sound Recording Industries

Insurance Carriers and Related Activities & Funds, Trusts, and OtherFinancial Vehicles

Amusement, Gambling, and Recreation Industries

Ambulatory Health Care Services

Nursing and Residential Care Facilities

Food Services and Drinking Places

Merchant Wholesalers, Nondurable Goods

Motor Vehicle and Parts Dealers

Health and Personal Care Stores

Hospitals

Professional, Scientific, and Technical Services

Miscellaneous Store Retailers

Nonstore Retailers

Support Activities for Transportation

Accommodation, including Hotels and Motels

Social Assistance

Percent Change

Ind

ust

ry

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Puerto Rico Economic Analysis Report 2015-2016 37

Figure 32 Most Jobs Losses - Numeric decline in Employment of Workers by Detailed Industry

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

These industries are projected to have the largest decline in the number of jobs between 2014 and

2024. Most declining industries are related to Manufacturing, expecting 7,604 less jobs in 2024. The

industries with the largest job loss were State Government with 22,945 less jobs and Educational

Service with 7,754 less jobs in 2024. These industries have been declining since 2006 due to Puerto

Rico’s economic restructuring.

-22,945

-7,754

-6,245

-2,800

-2,438

-2,069

-1,587

-1,387

-1,101

-1,071

-949

-925

-799

-618

-591

-502

-475

-469

-453

-361

-30,000 -20,000 -10,000 0

State Government, Excluding Education and Hospitals

Educational Services

Local Government, Excluding Education and Hospitals

Construction of Buildings

Chemical Manufacturing

Apparel Manufacturing

Specialty Trade Contractors

Clothing and Clothing Accessories Stores

Computer and Electronic Product Manufacturing

Electronics and Appliance Stores

Merchant Wholesalers, Durable Goods

Heavy and Civil Engineering Construction

Credit Intermediation and Related Activities & Securities, Commodity…

Electrical Equipment, Appliance, and Component Manufacturing

Building Material and Garden Equipment and Supplies Dealers

Religious, Grantmaking, Civic, Professional, and Similar Organizations

Fabricated Metal Product Manufacturing

Animal Production

Nonmetallic Mineral Product Manufacturing

Postal Service

Employment

Ind

ustry

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Puerto Rico Economic Analysis Report 2015-2016 38

B.Employment by Occupation

Figure 33 Numeric Change in Employment by Major Occupational Group

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

Projected numeric change in employment is the number of new jobs expected to be added to each

major occupational group between 2014 and 2024. The group with the highest increase is Food

Preparation and Serving Related Occupations with 7,220 new jobs in 2022. Mainly due to the

decrease of the occupation of Combined Food Preparation and Serving Workers, Including Fast Food.

The major group that expected a decrease is the Protective Service Occupation with 4,737 jobs in

2024. Mainly due to the decrease of the occupation of Police and Sheriff's Patrol Officers.

7,220

7,077

5,543

3,867

1,855

1,812

1,339

1,274

1,123

559

521

508

-66

-85

-174

-296

-1,245

-3,398

-4,144

-4,379

-4,500

-4,737

-10,000 -5,000 0 5,000 10,000

Food Preparation and Serving Related Occupations

Sales and Related Occupations

Healthcare Practitioners and Technical Occupations

Management Occupations

Personal Care and Service Occupations

Transportation and Material Moving Occupations

Healthcare Support Occupations

Building and Grounds Cleaning and Maintenance Occupations

Computer and Mathematical Occupations

Installation, Maintenance, and Repair Occupations

Arts, Design, Entertainment, Sports, and Media Occupations

Business and Financial Operations Occupations

Legal Occupations

Farming, Fishing, and Forestry Occupations

Life, Physical, and Social Science Occupations

Architecture and Engineering Occupations

Community and Social Service Occupations

Production Occupations

Education, Training, and Library Occupations

Construction and Extraction Occupations

Office and Administrative Support Occupations

Protective Service Occupations

Employment

Maj

or

Occ

up

atio

nal

Gro

up

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Puerto Rico Economic Analysis Report 2015-2016 39

Figure 34 Percent Change in Employment by Major Occupational Group

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

Projected percent change in employment measures the rate of expected growth or decline for each

major occupational group between 2014 and 2024. The occupational group with the highest

projected growth is the Healthcare Support Occupations. Mainly due to the increase of the

occupation of Physical Therapist Assistants occupation. The major group that expected a decrease is

Construction and Extraction Occupations with 10.67 percent in 2024. Mainly due to the decrease of

the occupation of Paving, Surfacing, and Tamping Equipment Operators.

12.47

11.41

10.36

9.98

8.07

5.44

4.86

4.84

3.74

2.48

1.66

1.17

-0.94

-1.04

-2.25

-2.39

-2.60

-5.25

-6.00

-7.66

-8.49

-10.67

-20.00 -10.00 0.00 10.00 20.00

Healthcare Support Occupations

Computer and Mathematical Occupations

Healthcare Practitioners and Technical Occupations

Food Preparation and Serving Related Occupations

Personal Care and Service Occupations

Sales and Related Occupations

Arts, Design, Entertainment, Sports, and Media Occupations

Management Occupations

Transportation and Material Moving Occupations

Building and Grounds Cleaning and Maintenance Occupations

Installation, Maintenance, and Repair Occupations

Business and Financial Operations Occupations

Farming, Fishing, and Forestry Occupations

Legal Occupations

Architecture and Engineering Occupations

Life, Physical, and Social Science Occupations

Office and Administrative Support Occupations

Production Occupations

Education, Training, and Library Occupations

Community and Social Service Occupations

Protective Service Occupations

Construction and Extraction Occupations

Percent Change

Maj

or

Occ

up

atio

nal

Gro

up

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Puerto Rico Economic Analysis Report 2015-2016 40

Figure 35 Jobs Openings by Major Occupational Group

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

This chart shows the number of job openings projected for major occupational groups, for the 2014-

24 decade. Openings for new workers occur not only when jobs are added to the economy but also,

when current workers leave an occupation permanently. In most of these occupations, the need to

replace workers who leave an occupation is projected to create more job openings than those

expected from job growth.

0 10,000 20,000 30,000 40,000 50,000

Sales and Related Occupations

Office and Administrative Support Occupations

Food Preparation and Serving Related Occupations

Management Occupations

Healthcare Practitioners and Technical Occupations

Production Occupations

Education, Training, and Library Occupations

Protective Service Occupations

Transportation and Material Moving Occupations

Building and Grounds Cleaning and Maintenance Occupations

Business and Financial Operations Occupations

Installation, Maintenance, and Repair Occupations

Personal Care and Service Occupations

Construction and Extraction Occupations

Healthcare Support Occupations

Community and Social Service Occupations

Architecture and Engineering Occupations

Arts, Design, Entertainment, Sports, and Media Occupations

Computer and Mathematical Occupations

Farming, Fishing, and Forestry Occupations

Life, Physical, and Social Science Occupations

Legal Occupations

Employment

Maj

or

Occ

up

atio

nal

Gro

up

Growth Replacement

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Puerto Rico Economic Analysis Report 2015-2016 41

Figure 36 Most New Jobs - Numeric Growth in Employment

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

Projected numeric growth in employment, measures how many new jobs are expected to be added in each occupation. These 25 occupations are projected to gain the most new jobs from 2014-2024.

2,381

2,139

2,060

1,652

1,503

1,271

1,227

1,083

988

935

858

840

733

713

691

571

551

540

537

536

491

475

456

455

453

0 500 1,000 1,500 2,000 2,500 3,000

Combined Food Preparation and Serving Workers, Including Fast Food

Registered Nurses

Retail Salespersons

Customer Service Representatives

Cooks, Restaurant

Waiters and Waitresses

Security Guards

First-Line Supervisors of Retail Sales Workers

Cashiers

Janitors and Cleaners, Except Maids and Housekeeping Cleaners

Stock Clerks and Order Fillers

Personal Care Aides

Pharmacy Technicians

Counter Attendants, Cafeteria, Food Concession, and Coffee Shop

Insurance Sales Agents

First-Line Supervisors of Food Preparation and Serving Workers

Industrial Machinery Mechanics

Nurse Practitioners

First-Line Supervisors of Office and Administrative Support Workers

Food Preparation Workers

Medical Secretaries

Food Service Managers

Billing and Posting Clerks

Sales Representatives, Wholesale and Manufacturing, Except Technicaland Scientific Products

Home Health Aides

Employment

Occ

up

atio

ns

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Puerto Rico Economic Analysis Report 2015-2016 42

Figure 37 Fastest Growing Occupations - Percent Growth in Employment

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

Projected percent growth in employment measures how fast an occupation is expected to add jobs.

The 25 occupations in the chart are projected to grow the fastest over the 2014-24 decade.

41.98

34.04

31.45

26.33

25.82

24.39

22.15

21.79

21.61

21.44

21.06

20.00

19.78

19.64

19.09

18.33

18.26

18.18

17.49

17.32

17.04

16.88

16.55

15.43

15.17

0.00 5.00 10.00 15.00 20.00 25.00 30.00 35.00 40.00 45.00

Software Developers, Applications

Physical Therapist Assistants

Bus Drivers, School or Special Client

Insurance Sales Agents

Nurse Practitioners

Cooks, Restaurant

Opticians, Dispensing

Insurance Claims and Policy Processing Clerks

Home Health Aides

Refuse and Recyclable Material Collectors

Combined Food Preparation and Serving Workers, Including Fast…

Telecommunications Equipment Installers and Repairers, Except…

Market Research Analysts and Marketing Specialists

Computer Systems Analysts

Bartenders

Machinists

Physical Therapists

Producers and Directors

Computer Network Architects

Healthcare Social Workers

Counter Attendants, Cafeteria, Food Concession, and Coffee Shop

Medical and Clinical Laboratory Technicians

Ushers, Lobby Attendants, and Ticket Takers

Food Service Managers

Chefs and Head Cooks

Percent Change

Occ

up

atio

ns

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Puerto Rico Economic Analysis Report 2015-2016 43

Figure 38 Most Jobs Openings Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

These occupations are projected to have the most job openings due to growth and need to replace workers that leave the occupation permanently. Many of these are service-related occupations, which are projected to have numerous openings over the 2014-24 decade. For most of the occupations in this chart, the need to replace workers leaving the occupation is projected to create more openings, than those expected from job growth.

0 5,000 10,000 15,000 20,000

Retail Salespersons

Cashiers

Janitors and Cleaners, Except Maids and Housekeeping Cleaners

Waiters and Waitresses

Stock Clerks and Order Fillers

Registered Nurses

Combined Food Preparation and Serving Workers, Including Fast Food

Police and Sheriff's Patrol Officers

First-Line Supervisors of Retail Sales Workers

Office Clerks, General

Customer Service Representatives

Security Guards

First-Line Supervisors of Food Preparation and Serving Workers

Counter Attendants, Cafeteria, Food Concession, and Coffee Shop

Elementary School Teachers, Except Special Education

Accountants and Auditors

Cooks, Restaurant

Laborers and Freight, Stock, and Material Movers, Hand

First-Line Supervisors of Office and Administrative Support Workers

Food Preparation Workers

Secretaries and Administrative Assistants, Except Legal, Medical, andExecutive

Cooks, Fast Food

Secondary School Teachers, Except Special and Career/Technical Education

Construction Laborers

Packaging and Filling Machine Operators and Tenders

Employment

Occ

up

atio

ns

Growth Replacement

Page 44: Puerto Rico Economic Analysis Report 2015 2016 · Puerto Rico Economic Analysis Report 2015 2016-5 Figure 3 ompared Population by Age Group Population Estimates July 1, 2010 and 2015

Puerto Rico Economic Analysis Report 2015-2016 44

C.Employment by Education

Figure 39

Master’s, Doctoral or Professional Degree Gaining the Most New Jobs Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

Figure 40 Master’s, Doctoral or Professional Degree Most Openings Occupations

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

540

147

107

97

83

74

53

39

39

37

0 200 400 600 800

Nurse Practitioners

Pharmacists

Physical Therapists

Healthcare Social Workers

Lawyers

Clinical, Counseling, and School Psychologists

Health Specialties Teachers, Postsecondary

Mental Health Counselors

Nursing Instructors and Teachers, Postsecondary

Statisticians

Employment

Occ

up

atio

ns

540

83

147

0

0

53

0

0

0

107

493

646

530

512

481

260

308

301

271

157

0 200 400 600 800 1,000 1,200

Nurse Practitioners

Lawyers

Pharmacists

Education Administrators, Elementary and Secondary School

Education Administrators, Postsecondary

Health Specialties Teachers, Postsecondary

Educational, Guidance, School, and Vocational Counselors

Librarians

Family and General Practitioners

Physical Therapists

Employment

Occ

up

atio

ns

Growth Replacement

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Puerto Rico Economic Analysis Report 2015-2016 45

Figure 41 Bachelor’s Degree Gaining the Most New Jobs

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

Figure 42 Bachelor’s Degree Occupations with the Highest Growth Rates

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

2,139

392

382

359

330

233

219

209

197

154

0 400 800 1,200 1,600 2,000 2,400

Registered Nurses

Medical and Clinical Laboratory Technologists

Accountants and Auditors

General and Operations Managers

Market Research Analysts and Marketing Specialists

Software Developers, Applications

Management Analysts

Computer Systems Analysts

Sales Managers

Producers and Directors

Employment

Occ

up

atio

ns

41.98

19.78

19.64

18.18

17.49

14.46

13.56

13.14

12.20

12.17

0.00 5.00 10.00 15.00 20.00 25.00 30.00 35.00 40.00 45.00 50.00

Software Developers, Applications

Market Research Analysts and Marketing Specialists

Computer Systems Analysts

Producers and Directors

Computer Network Architects

Medical and Clinical Laboratory Technologists

Management Analysts

Medical and Health Services Managers

Marketing Managers

Registered Nurses

Percent Change

Occ

up

atio

ns

Page 46: Puerto Rico Economic Analysis Report 2015 2016 · Puerto Rico Economic Analysis Report 2015 2016-5 Figure 3 ompared Population by Age Group Population Estimates July 1, 2010 and 2015

Puerto Rico Economic Analysis Report 2015-2016 46

Figure 43 Bachelor’s Degree Most Openings Occupations

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

Figure 44 Associate’s Degree, Postsecondary Non-Degree Award or Some College No Degree Gaining the Most New Jobs

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

211

209

201

192

180

176

133

107

104

102

0 50 100 150 200 250

Medical Records and Health Information Technicians

Physical Therapist Assistants

Computer User Support Specialists

Automotive Service Technicians and Mechanics

Dental Assistants

Radio, Cellular, and Tower Equipment Installers and Repairs

Medical and Clinical Laboratory Technicians

Cardiovascular Technologists and Technicians

Surgical Technologists

Telecommunications Equipment Installers and Repairers, Except LineInstallers

Employment

Occ

up

atio

ns

0 1,000 2,000 3,000 4,000 5,000 6,000 7,000

Registered Nurses

Elementary School Teachers, Except Special Education

Accountants and Auditors

Secondary School Teachers

General and Operations Managers

Financial Managers

Medical and Clinical Laboratory Technologists

Child, Family, and School Social Workers

Industrial Engineers

Sales Managers

Employment

Occ

up

atio

ns

Growth Replacement

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Puerto Rico Economic Analysis Report 2015-2016 47

Figure 45 Associate’s Degree, Postsecondary Non-Degree Award or Some College No Degree with the Highest Growth Rates

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

Figure 46 Associate’s Degree, Postsecondary Non-Degree Award or Some College No Degree Most Openings

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

34.04

20.00

16.88

14.60

14.47

13.33

12.55

10.80

8.26

7.22

0.00 5.00 10.00 15.00 20.00 25.00 30.00 35.00 40.00

Physical Therapist Assistants

Telecommunications Equipment Installers and Repairers, Except LineInstallers

Medical and Clinical Laboratory Technicians

Computer Network Support Specialists

Audio and Video Equipment Technicians

Medical Records and Health Information Technicians

Nursing Assistants

Surgical Technologists

Dental Assistants

Radiologic Technologists

Percent Change

Occ

up

atio

ns

0 200 400 600 800 1,000 1,200 1,400 1,600 1,800

Teacher Assistants

Heavy and Tractor-Trailer Truck Drivers

Licensed Practical and Licensed Vocational Nurses

Automotive Service Technicians and Mechanics

Preschool Teachers, Except Special Education

Bookkeeping, Accounting, and Auditing Clerks

Dental Assistants

Hairdressers, Hairstylists, and Cosmetologists

Computer User Support Specialists

Medical Records and Health Information Technicians

Employment

Occ

up

atio

ns

Growth Replacement

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Puerto Rico Economic Analysis Report 2015-2016 48

Figure 47 Occupations Requiring a High School Diploma or Equivalent Gaining the Most New Jobs

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

Figure 48 Occupations Requiring a High School Diploma or Equivalent with the Highest Growth Rates

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

1,652

1,227

1,083

733

691

571

551

537

491

475

0 400 800 1,200 1,600 2,000

Customer Service Representatives

Security Guards

First-Line Supervisors of Retail Sales Workers

Pharmacy Technicians

Insurance Sales Agents

First-Line Supervisors of Food Preparation and Serving Workers

Industrial Machinery Mechanics

First-Line Supervisors of Office and Administrative Support Workers

Medical Secretaries

Food Service Managers

Employment

Occ

up

atio

ns

31.45

26.33

22.15

21.79

18.33

15.43

15.17

15.10

14.49

14.12

0.00 5.00 10.00 15.00 20.00 25.00 30.00 35.00

Bus Drivers, School or Special Client

Insurance Sales Agents

Opticians, Dispensing

Insurance Claims and Policy Processing Clerks

Machinists

Food Service Managers

Chefs and Head Cooks

Pharmacy Technicians

Claims Adjusters, Examiners, and Investigators

Demonstrators and Product Promoters

Percent Change

Occ

up

atio

ns

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Puerto Rico Economic Analysis Report 2015-2016 49

Figure 49 Occupations Requiring a High School Diploma or Equivalent Most Openings

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

Figure 50 Occupations Gaining the Most New Jobs that not Require Formal Education Credentials

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

2,381

2,060

1,503

1,271

988

935

858

840

713

536

0 500 1,000 1,500 2,000 2,500 3,000

Combined Food Preparation and Serving Workers, Including FastFood

Retail Salespersons

Cooks, Restaurant

Waiters and Waitresses

Cashiers

Janitors and Cleaners, Except Maids and Housekeeping Cleaners

Stock Clerks and Order Fillers

Personal Care Aides

Counter Attendants, Cafeteria, Food Concession, and Coffee Shop

Food Preparation Workers

Employment

Occ

up

atio

ns

0

1,083

0

1,652

1,227

571

537

0

107

455

5,391

4,214

5,121

3,359

3,351

2,927

2,440

2,662

2,035

1,678

0 1,000 2,000 3,000 4,000 5,000 6,000

Police and Sheriff's Patrol Officers

First-Line Supervisors of Retail Sales Workers

Office Clerks, General

Customer Service Representatives

Security Guards

First-Line Supervisors of Food Preparation and Serving Workers

First-Line Supervisors of Office and Administrative Support Workers

Secretaries and Administrative Assistants, Except Legal, Medical, andExecutive

Packaging and Filling Machine Operators and Tenders

Sales Representatives, Wholesale and Manufacturing, Except Technical andScientific Products

Employment

Occ

up

atio

ns

Growth Replacement

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Puerto Rico Economic Analysis Report 2015-2016 50

Figure 51 Occupations with the Highest Growth Rates that not Require Formal Education Credentials

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

Figure 52 Most Openings Occupations that not Require Formal Education Credentials

Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

24.39

21.61

21.44

21.06

19.09

17.04

16.55

15.11

14.95

13.52

0.00 5.00 10.00 15.00 20.00 25.00 30.00

Cooks, Restaurant

Home Health Aides

Refuse and Recyclable Material Collectors

Combined Food Preparation and Serving Workers, Including FastFood

Bartenders

Counter Attendants, Cafeteria, Food Concession, and Coffee Shop

Ushers, Lobby Attendants, and Ticket Takers

Agricultural Equipment Operators

Taxi Drivers and Chauffeurs

Personal Care Aides

Percent Change

Occ

up

atio

ns

0 5,000 10,000 15,000 20,000

Retail Salespersons

Cashiers

Janitors and Cleaners, Except Maids and Housekeeping Cleaners

Waiters and Waitresses

Stock Clerks and Order Fillers

Combined Food Preparation and Serving Workers, Including Fast Food

Counter Attendants, Cafeteria, Food Concession, and Coffee Shop

Cooks, Restaurant

Laborers and Freight, Stock, and Material Movers, Hand

Food Preparation Workers

Employment

Occ

up

atio

ns

Growth Replacement

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Puerto Rico Economic Analysis Report 2015-2016 51

VIII. Statistics STEM

The occupations or related field of study with the sciences,

technology, engineering and math are usually known by

the English acronym STEM. It represents a variety of

government agencies2 that developed the definition of the

STEM occupations by using the standard 2010

occupational code system (new occupations will be

considered in the 2018 SOC Manual3).

The committee classifies STEM occupations in two groups.

The first covers STEM’s main occupations that depend on

the knowledge about STEM. Each main group is divided

into two subgroups.

The main group, the subgroups and the five types of STEM

occupations are grouped based on specific tasks related to each of the groups. These may be helpful

when planning personal development of an enterprise or agency, human resource departments and

job applicants.

MAIN AND SUBGROUPS

1. Science, Engineering, Mathematics and Information Technology Domain

a. Life and Physical Science, Engineering, Mathematics, and Information Technology

Occupations

b. Social Science Occupations

2. Science - and Engineering-Related Domain

a. Architecture Occupations

b. Health Occupations

5 types of STEM Occupations:

1. Research, Development, Design, or Practitioner Occupations

2. Technologist and Technician Occupations

3. Postsecondary Teaching Occupations

4. Managerial Occupations

5. Sales Occupations

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Puerto Rico Economic Analysis Report 2015-2016 52

A. Employment

Employment in all of STEM’s occupation in Puerto Rico for 2015 were approximately 86,700. This

represents 9.7% of total employment (890,760) for all of Puerto Rico. From this total, 7.1% require a

High School Diploma or less; 26.8% an Associate’s Degree, Postsecondary Non-Degree Award or Some

College No Degree; 49.6% require a Bachelor’s Degree; while 16.5% of these occupations require a

Master’s, Doctoral or Professional Degree.

Figure 53

STEM vs. Non STEM Occupations by Education Levels

Source: Occupational Employment Statistics (OES).

Table 7 Employment in science, technology, engineering, and math (STEM)

Occupational groups, 2015

Source: Occupational Employment Statistics (OES).

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

90.0

100.0

STEM Non STEM

Perc

ent

Master's, Doctoral or ProfessionalDegree

Bachelor's Degree

Associate's Degree, PostsecondaryNon-Degree Award or Some CollegeNo Degree

High School Diploma or Less

Type of occupation

MAIN

Total

Sciences, engineering, mathematics, and information

technology domain Science– and engineering– related domain

SUBGROUPS SUBGROUPS

a. Life and physical science, engineering,

mathematics, and information technology

occupations

b. Social science

occupations

c. Architecture

occupations

d. Health

occupations

Total 32,060 1,530 240 52,880 86,710

1. Research, development,

design, or practitioner

occupations

15,030 520 190 27,080 42,820

2. Technologist and technician

occupations 11,600 / / 22,570 34,170

3. Postsecondary teaching

occupations 1,610 1,010 50 2,320 4,990

4. Managerial occupations 2,050 / / 910 2,960

5. Sales occupations 1,770 / / / 1,770

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Puerto Rico Economic Analysis Report 2015-2016 53

Of the 5 types of STEM Occupations, the Research, development, design, or practitioner occupations,

reflect the most jobs (42,820) followed by the Technologist and Technician occupations (34,170).

The STEM Occupations with the most jobs in 2015 were Registered Nurses, Pharmacy Technicians,

Licensed Practical and Licensed Vocational Nurses.

Figure 54

Top STEM Occupations with the Highest Employment Occupations, 2015

Source: Occupational Employment Statistics (OES).

According to the location quotient, private employment is concentrated mostly in Respiratory Therapy

Technicians, Social Sciences Teachers, Postsecondary, All Other; and Industrial Engineering

Technicians.

The location quotient is the ratio of the area concentration of occupational employment to the

national average concentration.

17,490

4,920

4,850

3,000

2,830

2,730

2,250

2,020

1,940

1,770

Registered Nurses

Pharmacy Technicians

Licensed Practical and Licensed Vocational Nurses

Computer User Support Specialists

Industrial Engineers

Medical and Clinical Laboratory Technologists

Pharmacists

Nurse Practitioners

Emergency Medical Technicians and Paramedics

Sales Representatives, Wholesale and Manufacturing,Technical and Scientific Products

Occu

pa

tio

ns

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Puerto Rico Economic Analysis Report 2015-2016 54

A location quotient greater than one indicates the occupation has a higher share of employment than

average, and a location quotient less than one indicates the occupation is less prevalent in the area

than average.

Figure 55 Top STEM Occupations with Highest Location Quotient, 2015

Source: Occupational Employment Statistics (OES).

B. Projections

Occupations expected to further increase in new jobs, during the period 2014-2024, are those related

to health, especially: Registered Nurses (2,139), Pharmacy Technicians (733), Nurse Practitioners

(540).

7.0

6.6

3.3

2.8

2.7

2.6

2.4

2.3

2.2

2.0

Respiratory Therapy Technicians

Social Sciences Teachers, Postsecondary, All Other

Industrial Engineering Technicians

Chemical Technicians

Psychologists, All Other

Medical and Clinical Laboratory Technologists

Nursing Instructors and Teachers, Postsecondary

Nurse Practitioners

Chemists

Pharmacy Technicians

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Puerto Rico Economic Analysis Report 2015-2016 55

Figure 56 Top 10 STEM Occupations Gaining The Most New Jobs Projected 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

The occupations expected to project an increase in new jobs between 2014 and 2024 are those found

in health, with Registered Nurses, (6,285) being the more outstanding; Licensed Practical and Licensed

Vocational Nurses (1,408); Pharmacy Technicians (1,214).

Figure 57

Top 10 STEM Occupations with Most Openings 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

2,139

733

540

392

233

211

209

201

147

138

Registered Nurses

Pharmacy Technicians

Nurse Practitioners

Medical and Clinical Laboratory Technologists

Software Developers, Applications

Medical Records and Health Information Technicians

Computers Systems Analysts

Computer User Support Specialists

Pharmacists

Opticians, Dispensing

6,285

1,408

1,214

1,040

1,033

820

677

591

574

566

Registered Nurses

Licensed Practical and Licensed Vocational Nurses

Pharmacy Technicians

Medical and Clinical Laboratory Technologists

Nurse Practitioners

Industrial Engineers

Pharmacists

Computer User Support Specialists

Civil Engineers

Medical Records and Health Information Technicians

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Puerto Rico Economic Analysis Report 2015-2016 56

C. Wage

In May of 2015, the average hourly wage for all of these occupations in Puerto Rico was $13.56 while

STEM Occupations reached an average salary of $23.44. Among the STEM Occupations, Psychiatrists

reached the higher average salary of $87.28 an hour, followed by Physicians and Surgeons, All Other

with $61.69 an hour.

Figure 58 Top 10 STEM Occupations with Highest Average Wage 2015

Source: Occupational Employment Statistics (OES).

Within the occupations of Life and Physical Science, Engineering, Mathematics, and Information

Technology, the following stand out with the highest wages: Architectural and Engineering Managers;

and Natural Sciences Managers with an average wage of $48.24 and $46.64, respectively.

$87.28

$61.69

$48.71

$48.24

$46.64

$39.23

$37.31

$37.26

$36.79

$36.50

Psychiatrists

Physicians and Surgeons, All Other

Obstetricians and Gynecologists

Architectural and Engineering Managers

Natural Sciences Managers

Pharmacists

Computer and Information Systems Managers

Anesthesiologists

Geoscientists, Except Hydrologists and Geographers

Internist, General

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Puerto Rico Economic Analysis Report 2015-2016 57

Figure 59 Top 10 Life and Physical Science, Engineering, Mathematics, and Information Technology Occupations

with Highest Average Wage 2015

Source: Occupational Employment Statistics (OES).

D. Skills

Among the required skills in STEM Occupations, according to the 2014-2024 projections, the ability to

listen or actively listen, which means to listen and understand communications from a speaking point

of view; the ability to communicate verbally; to have reading comprehension and social perspectives

with a concrete point of view in particular and subjective matters are what is important in today’s

society.

Figure 60

Skills More Required in Occupations STEM Long Term Projections 2014-2024

Source: Puerto Rico Department of Labor - Research & Statistic Division.

$48.24

$46.64

$37.31

$36.79

$35.44

$34.79

$34.53

$33.95

$33.34

$32.13

Architectural and Engineering Managers

Natural Sciences Managers

Computer and Information Systems Managers

Geoscientists, Except Hydrologists and Geographers

Physics Teachers, Postsecondary

Electronics Engineers, Except Computer

Software Developers, System Software

Conservation Scientists

Industrial Engineers

Computer Hardware Engineers

14,692

13,693

9,722

9,568

7,693

7,204

2,821

2,653

2,289

1,971

Active Listening

Speaking

Reading Comprehension

Social Perceptiveness

Service Orientation

Critical Thinking

Science

Supervision

Writing

Judgment and Decision Making

Skill

s

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Puerto Rico Economic Analysis Report 2015-2016 58

Silvia Soto Pérez Acting Assistant Secretary for Planning, Research and Development Juan R. López Rivera Acting Deputy Director PR Bureau of Labor Statistics Yilda Rivera Rosado Economist Director Statistic & Research Division Noel Zayas Moró Economist Statistic & Research Division Bureau of Labor Statistics Prudencio Rivera Martínez Building, 17TH Floor 505 Muñoz Rivera Ave. Hato Rey, Puerto Rico 00918 PO BOX 195540 San Juan, Puerto Rico 00919-5540 Phone: (787) 754-5300 Ext. 3000 Fax: (787) 754-5360 Email: [email protected] Facebook: mercadolaboraldtrh Web Page: www.mercadolaboral.pr.gov AUTHORIZED BY THE STATE ELECTIONS COMMISSION CEE-SA-16-2771

DEPARTAMENT OF

LABOR AND HUMAN RESOURCES Commonwealth of Puerto Rico