Welcome! Login | Register
 

Festival Ballet’s The Nutcracker to Return for 37th Annual Performance—Festival Ballet will perform their 37th annual production…

What To Watch For: Patriots vs. Lions—The Patriots and Lions are two of the…

Downcity Presents Holiday Social Lineup—InDowncity, Cornish Associates and Aurora are teaming up…

Rhode Island College Football Preview—All three local teams are home on Saturday,…

Fit For Life: Don’t be a turkey…—It's Thanksgiving, but I am going to stick…

Leonard Moorehead, The Urban Gardener: Wreaths Go Full Circle—Urban gardeners grow year round.

Side of the Rhode: Who’s Hot and Who’s Not?—Who's Hot? Who's Not? Find out here

Friday Financial Five: November 21 2014—Home buying fence-sitters may view this as the…

Providence Bus Tunnel Flooded, Water Main Break—Providence Bus Tunnel Flooded

Senator Raptakis Opposes National Grid Rate Hike—Senator Leonidas P. Raptakis is calling on the…

 
 

NEW: RI Unemployment Rate Drops to Lowest Level Since 2008

Thursday, April 17, 2014

 

Rhode Island’s seasonally adjusted unemployment rate for March 2014 dropped to 8.7 percent, down three-tenths of a percentage point from the February 2014 rate and down eight-tenths of a percentage point from the March 2013 rate, according to numbers released by the The RI Department of Labor and Training on Thursday.

This is the lowest unemployment rate since September 2008. The unemployment rate is down six-tenths of a percentage point since the beginning of the year.

The U.S. unemployment rate was 6.7 percent in March 2014, unchanged from the previous month and down eight-tenths of a percentage point over the year.

The number of unemployed RI residents—those residents classified as available for and actively seeking employment—was 48,500, down 1,100 from the revised February figure of 49,600. This represents the eighth consecutive over-the-month decrease and the lowest unemployment level since August 2008. Over the year, the number of unemployed dropped by 4,500.

The number of employed RI residents was up 2,700 over the February figure, increasing to 506,000 in March. Over the year, the number of employed RI was unchanged from March 2013.

The RI labor force totaled 554,400 in March 2014, up 1,500 from February 2014 but down 4,600 from March 2013.

 

Related Articles

 

Enjoy this post? Share it with others.