DLT: R.I. experiences 0.4% job loss over the month in May

RHODE ISLAND LOST 2,000 jobs, a 0.4 percent decline, from April to May, but gained 1,100 jobs, a 0.2 percent increase, when comparing May with May 2015, according to the state Department of Labor and Training. / COURTESY R.I. DEPARTMENT OF LABOR AND TRAINING
RHODE ISLAND LOST 2,000 jobs, a 0.4 percent decline, from April to May, but gained 1,100 jobs, a 0.2 percent increase, when comparing May with May 2015, according to the state Department of Labor and Training. / COURTESY R.I. DEPARTMENT OF LABOR AND TRAINING

PROVIDENCE – Rhode Island lost the second-largest percentage of jobs from April to May in New England, the state Department of Labor and Training said Tuesday.
Rhode Island saw its number of jobs decline over the month by 0.4 percent, or 2,000, to 486,700. New Hampshire reported the largest over-the-month decline at 0.6 percent, or 4,000 jobs, to 661,100. All six New England states combined lost 15,000 jobs over the month, a 0.2 percent decline. Massachusetts experienced the largest over-the-month numeric decrease, with a loss of 6,400 jobs, or 0.2 percent, to 3,545,900.
Over the year, jobs in New England rose 1.1 percent, with Massachusetts reporting the largest gain at 1.5 percent, and Rhode Island the smallest, at 0.2 percent.
Rhode Island is still among three states that have not yet recovered all of the jobs lost during their respective recessions. Rhode Island has regained 77.4 percent of the 39,800 jobs lost between its peak period in December 2006 and low period in August 2009, while Connecticut has recovered 78.8 percent of the 119,100 jobs it lost, and Maine has recouped 70.4 percent of the 30,700 jobs it lost.

The unemployment rate in Rhode Island in May was 5.4 percent, higher than the New England jobless rate of 4.4 percent and national rate of 4.7 percent, the DLT said.

The New England labor force rose 0.1 percent over the month in May, while falling by 0.3 percent across the nation.
A declining labor force of 0.1 percent over the month was reported in both Connecticut and Rhode Island, to 1,902,289 and 552,489, respectively.

Over the year, the U.S. labor force rose 0.7 percent, and climbed 0.5 percent in the New England region. All New England states except Rhode Island and Maine had increases in their labor forces.
The labor force in Rhode Island and Maine fell 0.7 percent and 0.5 percent, respectively, in May compared with May 2015, the DLT said.

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