RI's unemployment rate drops to 11.2%
Providence, RI – Rhode Island's unemployment rate decreased slightly for the month of February to 11.2%. That's a decrease of about a tenth of a percent from January's jobless numbers.
Department of Labor and Training spokeswoman Laura Hart says a tenth of a percent might not sound like a big deal, but it's another sign our economy is headed in the right direction.
"What we know about the number of unemployed in Rhode Island is the actual number has dropped for eleven consecutive months," she says. "That to us is a pretty significant trend."
But it's a sluggish trend- those increases continue to move by only about a tenth of a percent each month. Rhode Island's jobless numbers are also still much higher than the US unemployment rate of 8.9%.
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