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.
The state Department of Labor and Training is soliciting planning grant proposals for Real Jobs RI, which focuses on employers’ needs and is part of Gov. Gina M. Raimondo’s jobs plan to jumpstart the Rhode Island economy.
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.
By Shobhana Chandra Bloomberg News