December Employment: How to Feel About It…?
Rhode Island’s unemployment rate dropped to 10.2%, after spending a couple of months at 10.4%, but at the same time, the Ocean State remains one of only two states above 10%. Moreover, the other one, Nevada, has made up more than a 1-percentage-point gap to reach a tie for last place.
That said, the following chart shows that employment has certainly been on the upswing. (Although, to be honest, the sudden leap continues to look peculiar, given that it suggests the state’s economy is in an historic boom, whatever people’s impressions might be.)
Continue reading on the Ocean State Current…