Rhode Island’s unemployment rate is headed in the wrong direction.
Rhode Island’s unemployment rate increased from 8.9 percent in July to 9.1 percent in August. At the same time the national unemployment rate fell one-tenth of a percentage point to 7.3 percent.
The number of unemployed residents is 50,100 – up 800 from July. Over the year, however, the number of unemployed has fallen by about eight thousand.
Job gains were reported in the retail, educational, food service and government sectors. The manufacturing sector trimmed 300 jobs in August. Smaller losses were reported in wholesale trade, financial activities and arts and recreation.
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