The state’s unemployment rate ticked down in January, compared to the same month a year ago. The rate is now 6.5 percent; the state’s lowest since the start of the recession.
That’s down more than two percentage points since January of last year (when it stood at 8.6). It’s been seven years since the state’s unemployment rate has been this low, back in February of 2008. Despite the good news, Rhode Island’s unemployment rate remains higher than the national average, of 5.7 percent.
Rhode Island’s unemployment rate edged down slightly in October to 7.4 percent. It’s a number that has consistently dropped over the last 15 months.
October’s jobless rate is the lowest it’s been since April of 2008. But still the state lost 2600 jobs. The Department of Labor and Training finds Rhode Island’s 7.4 percent unemployment rate higher than the national rate of 5-point-8 percent but lower than the 9.4 percent jobless rate a year ago.
Rhode Island’s jobless rate ticked up in December to land at 9.1 percent, that’s up from 9 percent in November.
During the late summer and fall, Rhode Island’s persistently high unemployment rate had been gradually ticking down. But the seasonally adjusted rate for December reverses that course, inching up one-tenth of a percentage point to 9.1 percent.
Rhode Island’s jobless rate edged up slightly in July, from 8.8 percent to 8.9 percent. It’s a source of frustration for state Labor Department officials who concede that at the current rate it will take several years for Rhode Island to get anywhere close to full employment.
Led by a sharp drop in the number of temporary jobs, Rhode Island’s jobless rate posted a one-tenth of one percent increase in July. Still, the 8.9 percent rate is 1.6 percent lower than a year ago.
Starting next month, extended unemployment benefits will drop from 73 weeks to 63 weeks. The Rhode Island Department of Labor and Training said the cut comes thanks to lower unemployment numbers.
States with an average unemployment rate of 9 percent or higher can offer what’s called Tier 4 of federal unemployment benefits that lasts for ten weeks. But because Rhode Island’s June unemployment rate of 8.9 percent brought the state’s average down below the threshold, it can no longer offer those ten weeks of extra benefits.
Rhode Island’s unemployment rate remained flat in June at 8.9 percent. Progress made in reducing the jobless rate in the first quarter of the year seems to have stalled.
The news was great in the first quarter of the year. Rhode Island’s unemployment rate fell from 9.8 percent in January to 9.4 percent in February, to 9.1 percent in March. In April, it fell to 8.8 percent. That’s about where it has remained ever since.
The Rhode Island Department of Labor and Training says it is bringing back eleven previously laid off employees to help with the unemployment insurance call center.
Jobless Rhode Islanders have had to wait for hours, and in some cases days, to get a call through. The problem started in July when the Department was forced to lay off a third of its staffers due to reduced federal funding.