RI’s Job Recovery From Pandemic Ranked 50th
Monday, May 24, 2021
Rhode Island’s recovery of jobs from the coronavirus pandemic is ranked 50th in the United States, according to a new report.
The study that includes the District of Columbia ranks Rhode Island second-worst in the country for “Recovered Most Since Start of COVID-19 Crisis” and second only to West Virginia in job recovery.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTAnd in the shorter term, Rhode Island ranks last #51 for job recovery in the past week.
SEE THE INTERACTIVE CHART ABOVE
This sobering news is a blow to hopes for the state’s economic recovery.
WalletHub writes, “Surprisingly, two states (West Virginia and Rhode Island) had unemployment claims last week that were worse than the same week last year.”
DLT Numbers
RI DLT last week released monthly numbers which showed minimum job recovery.
The state’s seasonally adjusted unemployment rate was 6.3% in April, the Department of Labor and Training announced Thursday. The April rate while down seven-tenths of a percentage point from the March rate of 7.0%. Continues to remain above the national average.
The U.S. unemployment rate was 6.1% in April, up one-tenth of a percentage point from March.
The number of unemployed Rhode Island residents — those residents classified as available for and actively seeking employment — was 33,900, down 4,300 from March. There are thousands of workers, especially women, who have left the workforce.
The number of employed Rhode Island residents was 505,800, up 2,400 from March.
Since February 2020, the month prior to the pandemic-related shutdowns, the number of unemployed RI residents is up 11,700 and the number of employed RI residents is down 34,000. Currently, there are 22,400 fewer RI residents participating in the labor force than there were prior to the start of the pandemic.
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