Fri November 22, 2013
Jobless Numbers Up In Rhode Island
The latest employment numbers for Rhode Island are a mixed bag.
The state’s unemployment rate ticked up one-tenth of a point in September then held in October at 9-point-2 percent. But Rhode Island has added 35-hundred jobs since July.
Sectors seeing the largest growth were Professional and Business Services and Accommodation and Food Services. Rhode Island Department of Labor and Training Director Charles Fogarty said construction has also seen a nice bump over the past few months.
“There’s definitely a lot of construction road work, I think as anybody who has traveled the state. A lot of cities and towns had their own bond issue, plus we had the state’s programs that were started, and people are trying to take advantage of the low interest rates,” said Fogarty.
Rhode Island’s 9-point-2 unemployment rate for October is higher than the national rate of 7-point-3 percent.
Fogarty says his goal is to get Rhode Island below the national unemployment rate.
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Scott MacKay Commentary