PROVIDENCE – The unadjusted unemployment rate in the Providence-Warwick metropolitan area was 4.2% in February, an increase from 3.6% one month prior but still down from 4.4% in February 2022, the U.S. Bureau of Labor Statistics said Wednesday.
Unadjusted for seasonal employment patterns, the U.S. jobless rate in February was 3.9%, down from 4.1% a year earlier. The BLS said Wednesday that unemployment rates were lower in February than a year earlier in 228 of the 389 U.S. metropolitan areas, higher in 131 areas and unchanged in 30.
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There were 23,761 individuals unemployed in the Providence metro area in February, down from 29,457 one year prior. The labor force in the area totaled 700,819, a decline from 31,268 one year prior.
Other local markets:
In the New Bedford metro area in February, the unemployment rate was 6.6%, an increase from 6.2% one month prior and a decline from 6.9% in February 2022.
The unemployment rate in the Norwich-New London, Conn.-Westerly metro area was 4.5% in February, an increase from 4.1% one month prior and a decline from 5,4% in February 2022.
