Puerto Rico has been included in the list of states and territories that will receive funding for unemployment insurance program integrity, performance and system improvement projects, getting an assignment of $1.4 million from the U.S. Department of Labor.
Puerto Rico’s unemployment rate stood at 14.8 percent in April, representing the lowest level in 16 months. The number of employed people on the island increased by 22,000, while those on the unemployment lines were the lowest in the last four months.
Labor Department statistics released over the weekend put Puerto Rico’s unemployment rate at 15 percent for the month of February, reflecting a 0.1 percentage point drop in comparison to the prior month’s level and a 1.2 percentage drop decrease from the 16.2 percent rate on record for February 2011.
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