NEW: State Unemployment Drops to 10.9 percent
Monday, March 05, 2012
Rhode Island's jobless rate now sits at 10.9 percent, more than two percentage points higher than the national rate, which was 8.3 percent in January.
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Comments:
john paycheck
11:19am on Monday, March 05, 2012
does this factor in all those that have run out of benefits and cant collect anymore?
Peter Cassels
12:28pm on Monday, March 05, 2012
Ted Nesi fleshed the report out in his WPRI post this morning:
Troublingly, the decline wasn’t because the number of Rhode Islanders with a job increased but rather because the size of the state’s labor force shrank for the 21st month in a row. The reasons could include residents giving up on seeking work, leaving the state or returning to school.
pearl fanch
2:35pm on Monday, March 05, 2012
John, come on now. We're not going to print the facts. We're just looking to print headlines here.
Pretty sad when the unemployment rate DROPS to 10.9%.
Of course that doesn't include people who's benefits ran out.
David Beagle
6:02pm on Monday, March 05, 2012
Bet Charlie Forgarty got a nice pat on the back for a job well done.