Report: Providence metro unemployment 4.3% in August

UNEMPLOYMENT IN the Providence metro area declined 0.9 percentage points to 4.3 percent on a non-seasonally adjusted, year-over-year basis. / COURTESY BUREAU OF LABOR STATISTICS
UNEMPLOYMENT IN the Providence metro area declined 0.9 percentage points to 4.3 percent on a non-seasonally adjusted, year-over-year basis. / COURTESY BUREAU OF LABOR STATISTICS

PROVIDENCE – Unemployment, not seasonally adjusted, in the Providence metropolitan area decreased 0.9 percentage points year over year to 4.3 percent in August, according to the Bureau of Labor Statistics Wednesday.

National unemployment was 4.5 percent in August not seasonally adjusted, a decrease of 0.5 percentage points year over year.

The civilian labor force in the Providence metropolitan area grew 0.8 percent from August 2016 to August 2017 to a total of 689,303 eligible workers, with 29,422 of them being unemployed.

Employment in the metro area – which counts those working in businesses in the region only – increased 1.8 percent year over year to 593,200. Figures were not seasonally adjusted in the BLS report.

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Rhode Island’s unemployment rate, not seasonally adjusted, was 4.2 percent in August, a decline of 1.3 percentage points year over year. The civilian labor force in the state increased 0.4 percent year over year to 560,511.

Employment at state-based businesses rose 2.3 percent year over year in August to 502,200, not seasonally adjusted.

The Massachusetts unemployment rate in August was 3.7 percent, an increase of 0.3 percentage points year over year, not seasonally adjusted. Employment in Bay State establishments increased 2 percent year over year to 3.7 million.

The jobless rate in the New Bedford metro area increased year over year by 0.4 percentage points to 5.3 percent, while the number of people working in the area increased 4.2 percent to 70,000. The Boston-Cambridge-Nashua, N.H. metro area saw its unemployment rate increase 0.3 percentage points to 3.5 percent as the civilian labor force grew 2.5 percent to 2.7 million. The number of people working in the region grew 2.3 percent to 2.8 million. Worcester posted a jobless rate of 4.1 percent, itself a year-over-year increase of 0.3 percentage points, at the same time that the number of employed grew 1.4 percent to 284,800.

The number of people working in the Norwich-New London, Conn.-Westerly metro area increased 0.7 percent to 131,100, as the unemployment rate fell 0.9 percentage points to 4.3 percent. The jobless rate for all of Connecticut fell 0.6 percentage points to 4.6 percent, with 1.7 million people working, an increase of 0.6 percent.

Chris Bergenheim is the PBN web editor.

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