Rhode Island Jobs
For some time now, finding jobs in Rhode Island has begin becoming increasingly difficult. Given the relatively small size of the state and its dependence of certain industries that haven’t been fairing well, some experts say that it makes sense that signs of an economic recession begun in this are before its official start in December of 2007.
Unemployment has been rising in Rhode Island since July of 2007, when the jobless rate begun to increase consecutively every month. During this month it made its first rise, going from 5.0 percent to 5.7 percent. In April of this year, the unemployment rate climbed 0.5 percent from March’s 10.6 percent to 11.1 percent.
According to the Rhode Island Department of Labor and Training (DLT), this is the highest unemployment rate the state has seen since the middle of 1970’s, but data is not available before the year of 1976.
In the same month the national average went from 8.5 percent to 8.9 percent, according to the Bureau of Labor Statistics. This means that the state of Rhode Island’s job market is being hit harder by the recession than the majority of the country, although the level of which individual counties are being affected differs.
During the month of April, Rhode Island’s total non-farm payroll fell by 300 jobs. Currently 464,700 people are employed in the state. Although this was the 14th month in row that the jobless rate raised, April’s job loss was the smallest seen in 8 months, according to data from the DLT. According to Providence Business News, Laura Hart, a spokeswoman for the Department, says that the over this period of time the average number of jobs lost each month has been approximately 2,500.
In April the manufacturing sector cut the largest number of positions, with employers doing away with 400 jobs. The hotel and food services industry did away with 300 positions. The financial activities sector, which has been suffering for some time now, saw the loss of 200 jobs, as did the retail industry.
The month also saw an increase of 500 government jobs, which the DLT attributes to hiring made at the federal level in order to prepare for the 2010 Census. The catch-all category of “other services” added 200 positions, while the healthcare sector added 100 positions. The construction sector and the professional and business services industry both saw a job increase of 100 positions respectively,
Unemployment has been rising in Rhode Island since July of 2007, when the jobless rate begun to increase consecutively every month. During this month it made its first rise, going from 5.0 percent to 5.7 percent. In April of this year, the unemployment rate climbed 0.5 percent from March’s 10.6 percent to 11.1 percent.
According to the Rhode Island Department of Labor and Training (DLT), this is the highest unemployment rate the state has seen since the middle of 1970’s, but data is not available before the year of 1976.
In the same month the national average went from 8.5 percent to 8.9 percent, according to the Bureau of Labor Statistics. This means that the state of Rhode Island’s job market is being hit harder by the recession than the majority of the country, although the level of which individual counties are being affected differs.
During the month of April, Rhode Island’s total non-farm payroll fell by 300 jobs. Currently 464,700 people are employed in the state. Although this was the 14th month in row that the jobless rate raised, April’s job loss was the smallest seen in 8 months, according to data from the DLT. According to Providence Business News, Laura Hart, a spokeswoman for the Department, says that the over this period of time the average number of jobs lost each month has been approximately 2,500.
In April the manufacturing sector cut the largest number of positions, with employers doing away with 400 jobs. The hotel and food services industry did away with 300 positions. The financial activities sector, which has been suffering for some time now, saw the loss of 200 jobs, as did the retail industry.
The month also saw an increase of 500 government jobs, which the DLT attributes to hiring made at the federal level in order to prepare for the 2010 Census. The catch-all category of “other services” added 200 positions, while the healthcare sector added 100 positions. The construction sector and the professional and business services industry both saw a job increase of 100 positions respectively,
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