PROVIDENCE – The unadjusted unemployment rate in the Providence-Warwick metropolitan area was 2.5% in July, a decrease from 3% one month ago and down from 3.6% in July 2022, the U.S. Bureau of Labor Statistics said Wednesday.
Unadjusted for seasonal employment patterns, the U.S. jobless rate in July was 3.8%, the same as a year earlier. The BLS said that unemployment rates were lower in July than a year earlier in 192 of the 389 U.S. metropolitan areas, higher in 176 areas and unchanged in 21.
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There were 17,927 people unemployed in the Providence metro area in July, down from 25,337 one year prior. The labor force in the area totaled 703,126, a decline from 708,267 from one year prior.
In the New Bedford metro area in July, the unemployment rate was 3.8%, an increase from 3.6% one month prior but a decrease from 5.3% in July 2022.
