WASHINGTON – New England’s unemployment rate dropped 0.1 percentage points from October to November to 7.3 percent, the U.S. Bureau of Labor Statistics announced Friday.
Year over year, New England’s seasonally adjusted unemployment also dropped 0.1 percentage points from the 7.4 percent posted in November 2011.
Nationally, the unemployment rate fell 0.2 percentage points year over year to 7.9 percent in November.
From October to November, Rhode Island’s unemployment rate was unchanged at 10.4 percent, seasonally adjusted. Year over year, the Ocean State’s jobless rate dropped 0.7 percentage points from November 2011.
From October to November, the Massachusetts unemployment rate was unchanged at 6.6 percent after four consecutive months of increases. The Bay State saw a 0.4 percentage point drop from November 2011 to November 2012.
In October, the Ocean State had the highest jobless rate among the New England states and the second-highest jobless rate in the nation – behind Nevada at 10.8 percent.
PBN is now accepting applications for its newest award program and event for RI & Bristol County to celebrate the Manufacturing Renaissance that is evolving regionally and across the country. The deadline for applications is March 20th.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.