RI Economy Has Anemic Job Growth In June

Jul 20, 2017

The latest Rhode Island unemployment data shows anemic job growth, with the unemployment rate inching up to 4.2 percent, which is slightly less than the national rate of 4.4 percent.

Rhode Island-based jobs were up just 200 in June, a drop from  900 jobs gained during the average month in 2017, according to data from the Rhode Island Department of Labor and Training.

Educational services posted the largest gain in June with 800 new jobs. But the retail trade sector reported a decline of 600 jobs in June.

Despite the largely flat job growth numbers, Gov. Gina Raimondo found some good news in the report. In a news release, the governor said that the state has finally recovered all of the jobs shed during the recession.

”We’ve passed a milestone today that many of us hoped we would have passed much sooner,”’ said Raimondo. “We’ve finally recovered all the jobs we lost during the Great Recession. Since I took office, Rhode Island has created 14,000 jobs and our job count is now at an all-time high.”