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slides: 8 Alarming Facts About Unemployment in Rhode Island

Thursday, March 13, 2014

 

Rhode Island's unemployment rate may have dropped slightly in January, but at 9.2 percent, the job economy in the Ocean State is recovering at a far slower rate than the rest of the nation.

Additionally, the Department of Labor reported nearly 6,500 fewer state residents were employed in January than one year prior.

Read about how many unemployed Rhode Islanders are subjected to high bank fees here.

 

 

See more alarming facts about unemployment in Rhode Island in the slides below. 

 

Related Slideshow: 8 Discouraging Facts About Unemployment in RI



 

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Worst in the Country

9.2% unemployment rate for Jan. 2014.

Although the national unemployment rate for January was 6.6%, Rhode Island's jobless rate was 9.2% –  making it the highest in the nation. The 9.2% figure is one-tenth of a percentage point lower than it was in December 2013.

Source of data: RI DLT

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Number of Unemployed

64 consecutive months with 50,000 or more unemployed.

The number of unemployed Rhode Islanders decreased from 51,055 in Dec. 2013 to 50,600 in Jan. 2014. That said, the number of unemployed Rhode Islanders has not been below 50,000 since September 2008, which is 64 months.

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North of Nine

Above 9% unemployment for 63 straight months.

So just how long has Rhode Island's unemployment rate been above 9 percent? According to RI Department of Labor and Training statistics, the state's jobless rate has been over 9% since November 2008. That's a staggering 63 consecutive months.

Source of data: RI DLT

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Months at the Bottom

Seven consecutive months with the worst unemployment rate.

Rhode Island's unemployment rate has been worst in country each month since July 2013. Prior to that, the state was tied for worst in the nation with Nevada May 2013 when both states reported a jobless rate of 9.5%. As of Dec. 2013, Nevada's unemployment rate has dipped to 8.8%.

Sources of data: RI DLT; Bureau of Labor Statistics

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Worst in New England

Lagging behind the rest of New England in job recovery.

The rest of New England's states have not reported their unemployment rates for Jan. 2014, but the most recent Bureau of Labor Statistics data shows that their respective jobless rates pale in comparison to Rhode Island. In fact the average New England unemployment rate for Dec. 2013 was 6.9%.

Here's the complete list:

  • Vermont  4.2%
  • New Hampshire  5.2%
  • Massachusetts  6.4%
  • Connecticut  6.9%
  • Maine  7.4%

 

Source of data: Bureau of Labor Statistics

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Number of Employed Residents

Nearly 6,500 less employed residents than a year ago.

Rhode Island's unemployment rate may be lower than it was in January 2013, but this isn't reflected in the number of employed Rhode Islanders. In fact, there are 6,498 less people employed now than in Jan. 2013.

Source of data: RI DLT

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Shrinking Labor Force

Year-over-year decrease in total labor force.

Rhode Island's labor force increased by 200 to 550,300 in January, but the present workforce has shrunk by 9,700 compared to January 2013.

Source of data: RI DLT

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2013 Average

Next to worst in the nation for 2013.

Rhode Island's average unemployment rate for 2013 was 9.5%, which was the second highest in the country, after Nevada.

Sources of data: RI DLT; Bureau of Labor Statistics

Photo: Flickr/bytemarks

 
 

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Comments:

Funny how the article doesn't mention anything about the fact that many of the 9.2% (if that's even the real number)actually WANT to be unemployed and enjoy all of the govt handouts they receive.

The stigma is that every US citizen wants to work hard and earn a living. I truly believe there's about 100 of us left. There are way too many people who have simply given up in life, don't try, sit back and collect the free ride.

That is today's society. Why doesn't anyone write about THAT?!?!?!?!?

Comment #1 by pearl fanch on 2014 03 13

Fact#9..Democrats have run this state into the ground!

Comment #2 by LENNY BRUCE on 2014 03 13

The article should ask and answer the question; How is it possible for the unemployment rate to go DOWN when there are 6500 fewer jobs in the state?

Comment #3 by joe pregiato on 2014 03 13

Joe--that would require critical thought....

Comment #4 by Jimmy LaRouche on 2014 03 13

Thanks Jimmy! Whether one knows the answer or not, it's the question that BEGS an answer. Notice how they say "Rhode Is is recovering slowly..." Oh Really? Losing 6500 jobs 6 years "after the recession ended" is RECOVERY?

Comment #5 by joe pregiato on 2014 03 13

The Republicans think the unemployed are all a bunch of lazy worthless moochers and say so every day on Fox News... every time a camera is on them... every time a mic is up to their mouth...... to them... the unemployed are all leftist democrats... and should be punished to being so. We were told over and over again by the draft-dodging chicken-hawk cowards Cheney and Bush that the tax cuts for the top 1% (job creators) would easily solve our unemployment problem ..LOL

.Americans did not need more of "Mr Hollywood" Ronald Reagan's "trickle down economics". We already know it doesn't work, new lip stick won't make that pig look attractive again.

Comment #6 by Sammy Arizona on 2014 03 13




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