Unemployment in Providence-Warwick area falls in May

Corrected at 4:15 p.m.

THE UNADJUSTED UNEMPLOYMENT rate in the Providence-Warwick metropolitan area was 2.8% in May, a decrease from 3.1% one month ago and the same as May 2022, the U.S. Bureau of Labor Statistics said Wednesday.  / PBN FILE PHOTO

PROVIDENCE – The unadjusted unemployment rate in the Providence-Warwick metropolitan area was 2.8% in May, a decrease from 3.1% one month ago and the same as May 2022, the U.S. Bureau of Labor Statistics said Wednesday. 

Unadjusted for seasonal employment patterns, the U.S. jobless rate in May was 3.4%, the same as a year earlier. The BLS said that unemployment rates were lower in May than a year earlier in 177 of the 389 U.S. metropolitan areas, higher in 158 areas and unchanged in 54. 

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There were 19,172 people unemployed in the Providence metro area in May, down from 21,713 one year prior. The labor force in the area totaled 697,565, a decline from 703,252 from one year prior.  

In the New Bedford metro area in May, the unemployment rate was 3%, a decline from 3.7% one month prior and 4.8% in May 2022.

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(CORRECTS month ago rate to 3.1% in lede paragraph.)

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