Economic Indicators
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The seasonally adjusted unemployment rate in Rhode Island dropped to 8.7 percent in March, according to statistics released Thursday by the R.I. Department of Labor and Training. Still higher than the national unemployment rate of 6.7 percent for March, the Rhode Island figure is the lowest unemployment rate since September 2008, the DLT said in a release. more
Rhode Island was one of three states that averaged an unemployment rate of greater than 9 percent in 2013, according to year-end figures released Friday by the U.S. Bureau of Labor Statistics. more
Fewer Americans than forecast filed applications for unemployment benefits last week, a sign the labor market continues to gain traction. more
Rhode Island ranked 40th among the 50 U.S. states and the District of Columbia for overall financial security of its residents in the 2014 Assets & Opportunity Scorecard released Thursday by the Corporation for Enterprise Development. (Updated, 3:10 p.m.) more
Rhode Island’s seasonally adjusted unemployment rate inched downward in January to 9.2 percent, the lowest rate since November 2008, according to the latest monthly report from the R.I. Department of Labor and Training. The state’s civilian labor force totaled 550,300 in January, up 200 from December 2013 but down 9,700 from January 2013. more
Despite a drop in Rhode Island’s unemployment rate to a seasonally adjusted 8.7 percent in March, the Ocean State again ranked as the state with the highest jobless rate in the country, the U.S. Bureau of Labor Statistics reported Friday. more
Rhode Island’s unemployment rate remained the highest in the country in April despite a drop to 8.3 percent, the U.S. Bureau of Labor Statistics reported Friday. more
(Updated, 5:12 p.m.) Rhode Island’s unemployment rate dropped to 8.3 percent in April from 8.7 in March, according to seasonally adjusted data provided by the R.I. Department of Labor and Training. The U.S. unemployment rate dipped to 6.3 percent in April from 6.7 percent in March. more
Rhode Island’s unemployment rate may be the highest in the nation at 8.3 percent, but a lesser-known metric ranks the state sixth highest – and lends insight into the state’s condition, local economists say. more
Unemployment in Rhode Island slid one-tenth of a percentage point in May to a seasonally adjusted 8.2 percent, down from 8.3 percent in April, the R.I. Department of Labor and Training reported Thursday. Last month also represented the first time since April 2013 that the state’s civilian labor force improved on both a month-over-month and year-over-year basis. more
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