Rhode Island’s jobless rate ticked up in December to land at 9.1 percent, that’s up from 9 percent in November.
During the late summer and fall, Rhode Island’s persistently high unemployment rate had been gradually ticking down. But the seasonally adjusted rate for December reverses that course, inching up one-tenth of a percentage point to 9.1 percent.
Numbers out of the Rhode Island Department of Labor and Training show there are more people working than originally thought.
The DLT compared quarterly tax data from employers with numbers out of the Bureau of Labor Statistics that are estimates based on survey sampling. The tax data show Rhode Island gained 6,500 jobs between September of 2012 and September of 2013. That’s double the number based on federal estimates.
Senator Jack Reed says he’s pleased a bill he co-sponsored to extend unemployment benefits for 90 days has moved forward in the Senate on a procedural vote. And he’d like to see it continue to move forward without having to negotiate how to pay for it. But Reed says he’s open on that point.
U.S. Senator Jack Reed, who has taken a leadership role in the democratic drive to renew long-term unemployment insurance benefits, has made a national call for Republicans to join the effort.
Reed was one of four Senate democrats who held a nationwide media conference call Sunday in an effort to break a congressional logjam over long-term unemployment insurance. The insurance expired last week when lawmakers failed to extend a recession-era law providing nearly a year of benefits after state jobless benefits run out.
Making ends meet is about to get harder for thousands of Rhode Island families who will lose their unemployment benefits Saturday. Those taking the hit are the long-term unemployed.
Congressional failure to renew the Emergency Unemployment Compensation program will result in the loss of benefits to 1.3 million Americans starting tomorrow. In Rhode Island, six thousand long-term unemployed individuals will lose their weekly checks. In the first six months of 2014 another nine thousand will join their ranks.
Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.
Our panel this week discusses RI's persistently high unemployment; Senator Dawson Hodgson's renewed call for an outside investigation into 38 Studios; Angel Taveras' proposal for instituting universal pre-K in Rhode Island; and Scott MacKay and Maureen Moakley's top turkeys of 2013.
Rhode Islanders will have to wait a little longer this month to find out what the September unemployment rate was. The state Department of Labor and Training says the data will not be released as scheduled on October 17th because of the partial government shutdown.
Department spokeswoman Laura Hart said the Census Bureau collects data that is used to calculate the state jobless rate.