PROVIDENCE – Rhode Island’s 5.8% unemployment rate in May was the third-highest rate in New England, according to data released by the Bureau of Labor Statistics on Wednesday.
The U.S. unemployment rate in May was also 5.8%, a decline from 6.1% in April and 13.3% in May 2020.
Rhode Island's Market Has Changed. Developers, Builders, Investors and Sellers Must Change With It.
By Emilio DiSpirito IV License Partner | Engel & Völkers Oceanside Leader | The DiSpirito…
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The Ocean State’s unemployment rate declined from 6.3% in April and 12.9% in May 2020. The state’s 0.5 percentage point decline month to month tied with Delaware for the largest decline in the nation.
Year over year, Rhode Island had the third-largest percentage-point decline in unemployment in New England, falling 7.1 percentage points. Nevada had the largest percentage-point decline in the country year over year, falling 16.7 percentage points to 7.8%.
Connecticut had the highest unemployment rate in New England in May at 7.7%, while New Hampshire had the lowest rate in the country at 2.5%. Nationally, Hawaii had the highest unemployment rate at 8.1% in May.
New England unemployment rates in May:
- Connecticut: 7.7%, a decline from 8.1% in April and 11.4% one year prior.
- Massachusetts: 6.1%, a decline from 6.4% in April and 15.3% one year prior
- Maine: 4.7%, a decline from 4.8% in April and 8.3% one year prior
- Vermont: 2.6%, a decline from 2.9% in April and 9.3% one year prior
- New Hampshire: 2.5%, a decline from 2.8% in April and 13.4% one year prior
THERE SHOULD NOT BE 1 (ONE) CERTIFIED NURSING ASSISTANT OR NURSE ON UNEMPLOYMENT IN THIS STATE!!!!!! ANY HEALTH CARE FACILITY IS IN DYER NEED OF CERTIFIED NURSING ASSISTANTS AND NURSES.
There have been an unprecedented amount of fraudulent unemployment claims in this state… How much of that percentage of unemployment has been verified as legitimate or takes into account those fraudulent claims? The number could be potentially lower if accurately accounted for.