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Rhode Island unemployment rate stays the same

Posted on June 19, 2011

Following the most recent report from the BLS, Rhode Island unemployment has remained unchanged.

While jobs in Rhode Island continue to be added, other companies are still terminating workers, which accounts for the stagnant unemployment rate.

The jobless rate in Rhode Island is 10.9%, higher than the national average.

While that’s  down from 11.7 percent a year earlier, it’s still one of the highest rates in the country.

According to Projo.com, the number of unemployed Rhode Island residents fell by 100 in May, down to 62,000. But that doesn’t reflect the number of workers who are earning less today than they did in their previous jobs. Nor do the figures account for those who have stopped looking for work or those such as Worthy in part-time jobs who want full-time work.

Meanwhile, neighboring state of Massachusetts saw its unemployment rate fall from 7.8 to 7.6 percent.

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