WORKFORCE

Unemployment rate drops in May

COURTESY THE R.I. DEPARTMENT OF LABOR AND TRAINING
RHODE ISLAND'S unemployment rate dropped for the first time in three months to 11 percent in May, a two-tenths of a percentage point decrease from April, the R.I. Department of Labor reported Friday.
Posted 6/15/12

CRANSTON – Rhode Island’s unemployment rate dropped for the first time in three months to 11 percent in May, a two-tenths of a percentage point decrease from April, the R.I. Department of Labor and Training reported Friday.

That number is a three-tenths percentage point decrease from May 2011 and ends a three-month series of small increases in seasonally-adjusted unemployment numbers.

Rhode Island’s employed population rose by 1,300 in May over revised April figures to 495,400, marking the first time in five months this number has increased and the largest over-the-month increase since February 2010.

However, the year-over-year number of employed residents was down by 4,800 from May 2011.

The state’s labor forced totaled 556,000 in May, up 500 from April and down 6,900 from May 2011 estimates.

A gain in jobs in accommodation and food services (800), manufacturing (200), transportation and utilities (200), information (100), arts, entertainment and recreation (100) and government (100) marked positive trends.

Job declines were reported in construction (600), retail trade (500), and healthcare and social assistance (500).

The average hourly production wage for manufacturing was up 27 cents, reaching $18.41, from April. Manufacturing employees worked an average of 39.9 hours per week, down one-tenth of an hour over the month but up seven-tenths of an hour from one year ago.

The U.S. unemployment rate for May was 8.2 percent, up from 8.1 percent in April but down from 9 percent in May 2011.

No comments on this story | Add your comment
Please log in or register to add your comment
Calendar
PBN Hosted
Events

Register today for the First Annual PBN Manufacturing Awards Dinner and Ceremony, Thursday, April 24th, at the Bryant University Bello Center. Click here for more information, including the list of winners.
  • Business Women
    Accomplished. Confident. Wicked Smart. Nominate women you know who deserve speci ...
  • 40 Under Forty
    It's the 10th Anniversary of 40 Under Forty, and PBN is planning a special event ...
  • Healthiest Employers
    Enrollment now open for the 2014 Healthiest Employers Program. Please take a mom ...
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