June Unemployment Rate Remains at 8.9 percent (pdf)
July 18, 2013
The RI Department of Labor and Training announced today that the state’s seasonally adjusted unemployment rate for June 2013 remained at 8.9 percent, unchanged from the May 2013 rate and down 1.7 percentage points from the June 2012 rate.
The U.S. unemployment rate was 7.6 percent in June 2013, unchanged from the previous month and down six-tenths of a percentage point over the year.
The number of unemployed RI residents—those residents classified as available for and actively seeking employment—was 49,500, down 100 from the previous month. Over the year, the number of unemployed dropped by 9,700.
The number of employed RI residents dropped 300 over the month, decreasing to 509,000 in June. Over the year, the number of employed RI
The RI labor force totaled 558,500 in June 2013, down 400 from May 2013 and down 1,400 from June 2012.
JOBS BASED IN RHODE ISLAND: Estimated nonfarm payroll in Rhode Island totaled 467,200 in June, reflecting a gain of 400 jobs from the May revised employment estimate of 466,800.
The Professional & Business Services sector added 1,700 jobs in June as payrolls rose in businesses providing services to buildings and dwellings; payrolls also rose in temporary help services and security services.
Educational Services experienced an unusual employment gain for June (+500), due in part to earlier-than-usual seasonal job losses the previous month. Employment in the Construction sector grew by 400 from May as growth was reported among specialty trade contractors. The Financial Services sector, aided by employment gains in the rental and leasing services industry group, also added 400 jobs in June. Smaller but positive gains were noted in the Transportation & Warehousing (+200) and Health Care & Social Assistance (+100) sectors, while employment in Government, Information and Mining & Logging remained unchanged.
Accommodation & Food Services reported lower than expected employment (-1,800), possibly due to inclement weather’s impact on tourism-related activities. The Retail Trade (-400) and Other Services (-400) sectors each fell short of the typical hiring that occurs in June.
In addition, job declines were reported in the Arts, Entertainment & Recreation (-100), Manufacturing (-100) and Wholesale Trade (-100) sectors.
Over the year, total non-farm employment was up by 2,000, as job gains appeared in six economic sectors, including Professional & Business Services (+3,500), Financial Activities (+1,600), Health Care & Social Assistance (+900), Manufacturing (+500), Arts, Entertainment & Recreation (+500), and Transportation & Warehousing (+100).
MANUFACTURING: In June 2013, production workers in the Manufacturing sector earned $19.04 per hour, up 19 cents from May 2013 and up 82 cents from June 2012. Manufacturing employees worked an average of 39.9 hours per week in June, up a half-hour over the month but down a half-hour from a year ago.
METHODOLOGY: The unemployment figures are based largely on a survey of households in Rhode Island and measure the unemployment status of people who live in the state. Unemployment rates prior to 1976 are not recognized by the U.S. Bureau of Labor Statistics as official since the methodology used at that time is not comparable to today’s methods. The establishment employment figures are derived from a survey of businesses in Rhode Island and measure the number of jobs in the state. Rhode Island labor market information is available at www.dlt.ri.gov/lmi. Additional information on procedures for producing CES estimates is available on the BLS website at www.bls.gov/sae/cesprocs.htm. The July labor force figures are scheduled to be released on Thursday, August 15, 2013 at 2:00 P.M.
ABOUT DLT: The RI Department of Labor and Training offers employment services, educational services and economic opportunity to both individuals and employers. DLT protects Rhode Island’s workforce by enforcing labor laws, prevailing wage rates and workplace health and safety standards. The department also provides temporary income support to unemployed and temporarily disabled workers. For more information on the programs and services available to all Rhode Islanders, please call the RI Department of Labor and Training at (401) 462-8000 or visit the web site at www.dlt.ri.gov.