NEW: RI Loses Jobs for 5th Straight Month
GoLocalProv Business Team
NEW: RI Loses Jobs for 5th Straight Month
According to the Rhode Island Department of Labor and Training, Rhode Island lost 300 jobs during the month of March.
This comes after the state lost 600 jobs in February, 1,700 jobs in January, 2,200 jobs in December and 900 jobs in November.
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In March, the number of Rhode Island-based jobs totaled 494,900, a decrease of 300 jobs from the revised February job count of 495,200.
The state job count is down 1,000 from March 2018.
The number of employed Rhode Island residents was 532,900, down 600 from February.
Since March of 2018, the number of employed Rhode Island residents was up 700 from.
Unemployment Rate Decreases
RI’s unemployment rate dropped to 3.8 percent in March, down one-tenth of a percentage point from February.
The number of unemployed Rhode Island residents was 21,200, down 700 from February.
Since March of 2018, the number of unemployed decreased by 2,300.
The U.S. unemployment rate was 3.8 percent in March of 2019, unchanged from the previous month and down two-tenths of a percentage point over the year.
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