State unemployment rate rises for first time in two years
Providence, RI – Unemployment in Rhode Island nudged upward last month. The state Department of Labor and Training reports a 10.5 percent rate of unemployment for the Ocean State in November. That's one tenth of a percent higher than in October, when the rate was 10.4 percent. It marks the first monthly increase since December 2009, but is a full percentage point lower than this time last year.
According to the state Department of Labor and Training, significant job losses were reported in health care, food services and retail trade. The retail trade decline is attributed to less than usual seasonal hiring.
On the plus side, construction added nine hundred jobs last month - the largest monthly increase in more than ten years.
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