August Employment Data for Rhode Island and the Nation

Once again, the headline is that Rhode Island’s unemployment rate fell another tenth of a percent, to 10.7%.  And at least it’s true, this month, that employment went up instead of down.  (The past few drops in the unemployment rate were a result of people giving up their job searches, so they weren’t counted in the statistics.)
But people continued to leave the state’s labor force, and the employment increase wasn’t exactly dramatic, giving the impression that our decline hasn’t turned around, but has edged toward stagnation.
Continue reading on the Ocean State Current

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Show your support for Anchor Rising with a 25-cent-per-day subscription.