NEW: RI Unemployment Drops in October, but 28% Higher than National Average
GoLocalProv News Team
NEW: RI Unemployment Drops in October, but 28% Higher than National Average
The unemployment rate in RI is down two-tenths of a percentage point from September 2014, and down two percentage points from October 2013, marking the lowest unemployment rate since May 2008.
The number of unemployed RI residents—those residents classified as available for and actively seeking employment— was 40,900, down 1,400 from the September figure of 42,300. This represents the 15th consecutive over-the-month decrease and the lowest unemployment level since April 2008. Over the year, the number of unemployed dropped by 11,200.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTThe following chart was released from the Department of Labor and Training.
RI Millionaires Received Unemployment Benefits
2011
Total Number of Unemployment Beneficiaries: 67,348
Number who earned more than $1 million: 9
Number between $500K and $1,000,000: 44
Number between $200K and $500K: 647
Number between $100K and $200K: 5,700
Total Amount Paid to those Earning $100K or More:
$59.9 million
2010
Total Number of Unemployment Beneficiaries: 74,785
Number who earned more than $1 million: 0
Number between $500K and $1,000,000: 64
Number between $200K and $500K: 609
Number between $100K and $200K: 6,303
Total Amount Paid to those Earning $100K or More: $72.7 million
2009
Total number of Unemployment Beneficiaries: 60,679
Number between $200K and $500K: 586
Number between $100K and $200K: 4,885
Total Amount Paid to those Earning $100K or More: $54.8 million
2008
Total number of Unemployment Beneficiaries: 54,409
Number between $200K and $500K: 539
Number between $100K and $200K: 4,407
Total Amount Paid to those Earning $100K or More: $33.7 million
2007
Total number of Unemployment Beneficiaries: 46,296
Number between $200K and $500K: 474
Number between $100K and $200K: 3,590
Total Amount Paid to those Earning $100K or More: $23.1 million
