Business

Puerto Rico’s Private-Sector Job Creation Loses Momentum

Published Sep 22, 2026, 3:50 PM ASTvia Sin Comillas

At a glance

  • Job creation in Puerto Rico’s private sector decreased by 8.3% between 2021-2023 and 2024-2025
  • Gross job losses remained near the average of the previous five years
  • The private sector added an average of 1,018 jobs per quarter in 2024 and 2025, down from 8,263 per quarter between 2021 and 2023

Why this matters: For Puerto Rican workers and households, the slowdown in job creation threatens to limit income and living standard improvements, and may worsen the island’s economic outlook.

An opinion piece by Leslie Adames reports that Puerto Rico’s private sector is losing momentum in job creation.

As a result, net private-sector job growth fell from an average of 8,263 jobs per quarter between 2021-2023 to just 1,018 in 2024-2025. In the last six months of 2025, the balance turned negative, with 8,821 more jobs lost than created. In 2025, business openings outpaced closures (6,229 versus 5,773, a net of 456), but their contribution to employment was smaller than in prior years.

The author frames the slowdown as concerning because it limits opportunities for job seekers hoping to improve their income and living conditions.

In context

SourceSin Comillas

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