R.I. had third-highest unemployment in July

Rhode Island posted the third-highest unemployment rate in the country in July, according to Bureau of Labor Statistics data released Monday. The Ocean State also experienced the third-largest drop in unemployment over the year. More

To continue reading this article, please do one of the following.



Economic Indicators

R.I. had third-highest unemployment in July

COURTESY U.S. BUREAU OF LABOR STATISTUCS
THE RHODE ISLAND UNEMPLOYMENT RATE in July was the third-highest in the country, though the state also saw the third-largest drop in unemployment over the year.
Posted 8/20/13

WASHINGTON – Rhode Island posted the third-highest unemployment rate in the country in July, according to U.S. Bureau of Labor Statistics data released Monday. The Ocean State also experienced the third-largest drop in unemployment over the year.

The Rhode Island jobless rate was 8.9 percent in July. Only Nevada, at 9.5 percent, and Illinois, at 9.2 percent, had higher unemployment rates. Unemployment in North Carolina also stood at 8.9 percent.

Rhode Island was also one of only 13 states to see a significant change in unemployment rate from July 2012 to July 2013. The rate in the Ocean State dropped by 1.6 percentage points from 10.5 percent in July 2012, the third-largest drop in the country. California’s rate decreased 1.9 percentage points and Nevada’s dropped 1.7 percentage points, while Florida also experienced a 1.6 point drop.

New England as a whole had one of the lowest regional unemployment rates. At 7.2 percent, the New England rate was slightly lower than the national rate of 7.4 percent and significantly lower than Rhode Island’s rate.

Several other New England states had even lower unemployment rates in July, with Vermont standing at 4.6 percent, New Hampshire at 5.1 percent and Maine at 6.9 percent. Massachusetts was on par with the regional rate with 7.2 percent unemployment, while Connecticut was slightly higher at 8.1 percent.

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