ECONOMIC INDICATORS

New England jobless rate rises to 7.1%

COURTESY THE U.S. BUREAU OF LABOR STATISTICS
NEW ENGLAND'S unemployment rate rose 0.3 percentage points month to month from 6.8 percent in June to 7.1 percent in July, the U.S. Bureau of Labor Statistics announced Friday.
Posted 8/17/12

WASHINGTON – New England’s unemployment rate rose 0.3 percentage points from June to July to 7.1 percent, the U.S. Bureau of Labor Statistics announced Friday.

Year over year, New England’s seasonally adjusted unemployment rate dropped 0.7 percentage points from 7.8 percent in July 2011. Nationally, the unemployment rate fell 0.8 percentage points year over year to 8.3 percent.

Rhode Island’s unemployment rate dropped 0.1 percentage points from 10.9 percent in June to 10.8 percent in July but declined 0.6 percentage points year over year from the July 2011 jobless numbers.

Year-over-year, Massachusetts’ unemployment rate fell 1.3 percentage points to 6.1 percent in July, down from 7.4 percent during the same period in 2011.

The Ocean State had the highest jobless rate among the New England states and the second-highest jobless rate in the nation – behind Nevada at 12 percent.

Rhode Island saw the largest year-over-year percentage decrease in employment with a loss of 1.6 percent. Comparatively, Wisconsin, which saw the second-highest job loss in July, lost 0.8 percent of jobs.

No comments on this story | Add your comment
Please log in or register to add your comment
Calendar
PBN Hosted
Events

Only a few seats remain for PBN's Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Don't hesitate. Register today!
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
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.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News