Updated April 25 at 4:56pm
Economic Indicators
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(Updated 4:19 p.m.) Rhode Island’s seasonally adjusted unemployment rate dipped to 6.3 percent for March, a one-tenth of a percentage point drop from a revised 6.4 percent in February, the state Department of Labor and Training reported Thursday. 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
New England’s unemployment rate was unchanged in August at 5.9 percent, but Rhode Island still had the highest jobless rate among the six states at 7.7 percent. more
The unemployment rate for November dropped three-tenths of a percentage point to 7.1 percent from 7.4 percent a month ago, according to the R.I. Department of Labor and Training. more
The federal Environmental Protection Agency has launched the new Energy Star Home Advisor, an online tool to help consumers save money and improve their homes’ energy efficiency through recommended home improvement projects, according to regional administrator Curt Spalding. more
The unemployment rate for Rhode Island for September remained unchanged at 7.6 percent compared with August, according to data released Thursday by the R.I. Department of Labor and Training. more
Gasoline prices plunged again in Rhode Island and Massachusetts this past week due to falling oil prices, 11 cents and 10 cents, respectively, AAA Southern New England said on Monday. more
Applications for U.S. unemployment benefits rose more than forecast last week, representing a pause from a recent run of readings close to a 14-year low. more
Rhode Island ranked a dismal 46th on a ranking of the best and worst states for business, according to Forbes. more
Employment rose more than forecast in December and the jobless rate declined to 5.6 percent, wrapping up the best year for the labor market since 1999 and adding to evidence the U.S. is a standout in the global economy. more
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