BOSTON –New England’s unemployment rate was little changed in May, according to the New England Information Office of the U.S. Bureau of Labor Statistics.
Year-over-year, the region’s unemployment rate dropped 1.1 percentage point to 6.8 percent.
Nationally, the jobless rate was 8.2 percent, just 0.8 percentage points lower than May 2011.
In May, five New England states – including Rhode Island – posted jobless rates that were significantly different from the nation rate.
Rhode Island, which has the second-highest unemployment rate in the nation, posted 11 percent. Vermont posted 4.6 percent, New Hampshire posted 5 percent, Massachusetts posted 6 percent and Maine posted 7.4 percent.
Rhode Island was one of only five states and the District of Columbia with unemployment rates measurably higher than the national 8.2 percent average.
From April, no New England state posted a statistically significant unemployment rate decrease.
PBN is now accepting applications for its newest award program and event for RI & Bristol County to celebrate the Manufacturing Renaissance that is evolving regionally and across the country. The deadline for applications is March 20th.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.