Unemployment numbers improve slightly
PROVIDENCE, RI – Rhode Island's unemployment rate fell one tenth of one percent in August to 10.7 percent according to the latest numbers from the state Department of Labor and Training. It was the fourth consecutive monthly decrease and the lowest unemployment rate in more than three years. Still, it was a full two-and-a-half percentage points above the national unemployment rate of 8.1 percent. Job gains were reported in nine sectors including health care, hospitality, education and construction. Retail lost 600 jobs over the month due to employment losses in motor vehicle and parts dealers and general merchandise stores. Roughly 59-thousand Rhode Islanders want, but are unable to find, work.
Do you have insight or expertise on this topic? Please email us, we'd like to hear from you. email@example.com