Report: Puerto Rico sees drop in unemployment rate
SAN JUAN, Puerto Rico (AP) — Puerto Rico’s unemployment rate has dropped for the third consecutive month, though the number of payroll jobs in the U.S. territory also fell.
The U.S. Labor Department said Friday that the island’s unemployment rate stood at 13.8 percent in May. It remains higher than any U.S. state.
The department’s Bureau of Labor Statistics also said the number of people on non-farm payrolls dropped slightly to 929,300 in May.
Industry sectors including construction and manufacturing saw slight increases, while the number of government jobs decreased.
The island of 3.67 million people has entered its eighth year of recession and is battling a more than $70 billion public debt.