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.
Some news for Rhode Island’s beleaguered economy: First quarter tax data shows that job growth in the Ocean State was better than estimated, with the state economy generating 1,700 more jobs that first indicted in the March, 2013 report from the state Dep0artment of Labor and Training.
The DLT says that the new data is based on employment information from the state’s 32,000 private sector employers. The new estimates suggest an over the year gain of 2,300 Rhode Island-based jobs.