Unemployment in Providence-Warwick area falls to 3.2% in August

THE UNADJUSTED unemployment rate in the Providence-Warwick metropolitan area was 3.2% in August, an increase from 2.6% one month ago and down from 4.1% in August 2022. / PBN FILE PHOTO

PROVIDENCE – The unadjusted unemployment rate in the Providence-Warwick metropolitan area was 3.2% in August, an increase from 2.6% one month ago but still down from 4.1% in August 2022, the U.S. Bureau of Labor Statistics said Wednesday. 

Unadjusted for seasonal employment patterns, the U.S. jobless rate in August was 3.9%, same as a year earlier. The BLS said that unemployment rates were higher in August than a year earlier in 189 of the 389 U.S. metropolitan areas, lower in 186 areas and unchanged in 14. 

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There were 22,333 people unemployed in the Providence metro area in August, down from 28,982 one year prior. The labor force in the area totaled 704,034 in August, a decline from 708,170 from one year prior.    

In the New Bedford metro area in August, the unemployment rate was 3.8%, same as July but a decrease from 5.3% in August 2022. 

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