NEW: RI Unemployment Numbers Dropped to 8.8 Percent in April
Thursday, May 16, 2013
The RI Department of Labor and Training announced today that the state’s seasonally adjusted unemployment rate for April 2013 dropped to 8.8 percent, down three-tenths of a percentage point from the March 2013 rate and 1.8 percentage points from the April 2012 rate.
This represents the 10th consecutive over-the-month drop in the state’s unemployment rate, and is the lowest unemployment rate for Rhode Island since October 2008. The U.S. unemployment rate was 7.5 percent in April 2013, down one-tenth of a percentage point from the previous month and down six-tenths of a percentage point over the year.
The number of unemployed RI residents—those residents classified as available for and actively seeking employment—was 49,400, down 1,700 from the March figure of 51,100. This represents the 10th consecutive over-the-month decrease and the lowest unemployment level since September 2008.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTThe following chart was in today's release from the Department of Labor and Training.
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