Economic Indicators
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(Updated, 1:30 p.m.) Rhode Island ranked among the worst states for business in the United States again on CNBC’s America’s Top States for Business 2013 report, earning the No. 49 slot. more
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
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 has the highest percentage of “actively disengaged” workers in the United States, according to a report from Gallup. 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 remains behind other states in New England when looking at major economic indicators such as growth of the gross state product and the unemployment rate. However, the state economy is slowly regaining momentum. more
Rhode Island demonstrated minimal improvement, and garnered mostly failing grades, in an annual Manufacturing and Logistics National Report from Ball State University’s Center for Business and Economic Research. more
The unemployment rate for New England rose 0.1 percentage points in May to 6.9 percent, seasonally adjusted, the U.S. Bureau of Labor Statistics announced Friday. more
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