NEW: Unemployment rate falls to 10.2 percent
Thursday, January 17, 2013
Rhode Island dropped to 10.2 percent in the month of December.
The figure was two-tenths of a percentage point lower than November’s 10.4 rate and down from 11.0 at the same time in 2011.
Rhode Island still struggles in the category nationally, however, as the U.S. jobless rate for December was 7.8 percent.
The state said the was in part because of gains in the food service and educational sectors but came after 1,400 jobs were lost in construction and other service sectors.
All told, the state’s labor force totaled over 566,000 people in December, the largest number in two years.
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Comments:
pearl fanch
9:37am on Friday, January 18, 2013
pretty pathetic, isn't it.
This just means that more people stopped looking for jobs and their unemployment benefits ran out.
That's Chaffee's economic plan to get everyone off of unemployment. Just wait til their benefits run out, and we'll be at 0% unemployment.
Yeah baby, go RI!!!!!
Gov- stench
1:28pm on Friday, January 18, 2013
These unemployment figures are all bogus. The rate would drop if more people dropped out of the system. The rate is much higher than was is being reported.