Metro area unemployment rate tops in U.S. again for March

The unemployment rate in the Providence-Fall River-Warwick metro area fell to 9.4 percent in March, non-seasonally adjusted, compared with 9.6 percent a month earlier, according to a U.S. Bureau of Labor Statistics report released Tuesday. More

To continue reading this article, please do one of the following.



workforce

Metro area unemployment rate tops in U.S. again for March

THE PROVIDENCE-FALL RIVER-WARWICK unemployment rate of 9.4 percent for March ranked as the highest rate among the 49 large U.S. metro areas for a second consecutive month, the U.S. Bureau of Labor Statistics reported Tuesday.
Posted 4/29/14

WASHINGTON – The unemployment rate in the Providence-Fall River-Warwick metro area fell to 9.4 percent in March, non-seasonally adjusted, compared with 9.6 percent a month earlier, according to a U.S. Bureau of Labor Statistics report released Tuesday.

On a year-over-year basis, the non-seasonally adjusted jobless rate declined in March from 10.3 percent during the same period a year earlier. The metro-area labor force declined one-tenth of a percent to 689,400 in March from 690,400 in February and from 690,100 in March 2013, the BLS said.

March marked the second consecutive month that Providence-Fall River-Warwick had the highest unemployment rate among the 49 metro areas with a 2000 U.S. Census population of 1 million or more. The region tied with Riverside-San Bernardino-Ontario, Calif., which also had an unemployment rate of 9.4 percent.

Nationally, 333 of the 372 metro areas across the United States showed unemployment rates in March that were lower than in March 2013, with the lowest coming in at 2.7 percent in Midland, Texas. Thirty metro areas had jobless rates higher than a year ago (Yuma, Ariz., and El Centro, Calif., had the highest at 22.5 percent), while nine regions saw no change in their unemployment rates.

Regionally, the New Bedford metropolitan area saw month-over-month and year-over-year declines in its jobless rate. The March unemployment rate dropped to 10.8 percent, compared with 11.3 percent in February and 11.8 percent in March 2013. Its labor force grew by 500 between February and March, and by 800 from a year earlier.

In Worcester, the March unemployment rate of 7 percent represented a decline from 7.3 percent a month earlier and from 7.7 percent in March 2013. The Norwich-New London, Conn., metro area saw its non-seasonally adjusted unemployment rate remain flat at 7.8 percent in March, the same as the February rate and slightly below the March 2013 rate of 8.2 percent.

The national non-seasonally adjusted jobless rate for February was 6.8 percent, not seasonally adjusted.

Calendar
PBN Hosted
Events

Two Great Programs...One Great Event. PBN's Annual Celebration of Growth and Innovation is now underway. 2014 applications are now available. Deadline August 1st.
  • Healthiest Employers
    Celebrate with the Healthiest Employers in RI on August 14th at the Providence M ...
  • 40 Under Forty
    Thank you to our sponsors and to all those who attended the 10th Anniversary of ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
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.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement