Rhode Island-Based Jobs up 200 from May;
July 20, 2017
The RI Department of Labor and Training announced today that the state’s seasonally adjusted unemployment rate for June 2017 was 4.2 percent, up one-tenth of a percentage point from the May rate. Over the year, the unemployment rate is down one and two-tenths percentage points from the June 2016 rate of 5.4 percent.
The U.S. unemployment rate was 4.4 percent in June 2017, up one-tenth of a percentage point from the previous month and down half of a percentage point over the year.
The number of unemployed RI residents—those residents classified as available for and actively seeking employment—was 23,300, up 400 from the May figure of 22,900. Over the year, the number of unemployed dropped by 6,800.
A total of 9,107 individuals collected Unemployment Insurance (UI) benefits in June 2017,* down from 9,800 a year ago. This month, UI claimants accounted for 39.2 percent of the total unemployed.
The number of employed RI residents was 533,300, up 400 from the May figure of 532,900. Over the year, the number of employed RI residents was up 10,700 from June 2016.
The RI labor force totaled 556,500 in June 2017, up 700 from May 2017 and up 3,800 from June 2016.
JOBS BASED IN RHODE ISLAND: Estimated nonfarm payroll in Rhode Island totaled 496,600 in June, reflecting a gain of 200 jobs from the revised May estimate of 496,400. Job growth has averaged 900 per month halfway through this year, well above the average monthly gain of 200 jobs per month experienced halfway through 2016. Overall, the number of jobs in Rhode Island is up 6,700 from a year ago.
The Educational Services sector added 800 jobs in June and has added 1,100 jobs over the year. The Other Services sector reported the second highest job gain in June, reporting an increase of 500 jobs from May. Employment in the Other Services is up 500 from a year ago.
A gain of 300 jobs was reported in the Transportation & Utilities sector. The number of jobs within this sector is up 300 from June 2016.
The Construction sector continues to trend upward, adding 200 jobs in June. The Construction sector has added 1,700 jobs since the start of the year, an average gain of 300 jobs per month. Over the year, Construction employment is up 2,400.
The Arts, Entertainment & Recreation and Financial Activities sectors round out the monthly job gains, adding 200 and 100 jobs, respectively. The increase of jobs in the Arts, Entertainment & Recreation sector snaps three consecutive months of job declines. Over the year, employment in both the Arts, Entertainment & Recreation and Financial Activates sectors is unchanged.
Six employment sectors reported job declines in June, led by the Health Care & Social Assistance sector which lost 700 jobs. Employment decreases were noted in the ambulatory health care services subsector. Despite this sharp decline, the number of jobs in the Health Care & Social Assistance industry is up 200 over the last 12 months.
The Retail Trade sector reported its first job decline since March, shedding 600 jobs in June. Overall, the sector has 200 more jobs than a year ago.
Smaller job losses in June were noted in the Manufacturing and Wholesale Trade sectors which lost 200 jobs each, and the Professional & Business Services and Accommodation & Food Services sectors, which lost 100 jobs each.
The number of jobs in the Government, Information and Mining & Logging sectors remained unchanged from May.
MANUFACTURING: In June 2017, production workers in the Manufacturing sector earned $18.99 per hour, up eight cents from May 2017 and up seventy-six cents from June 2016.
Manufacturing employees worked an average of 39.4 hours per week in June, up three-tenths of an hour over the month and up three-tenths of an 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 of employment figures is 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 Current Employment Statistics (CES) estimates is available on the BLS website at www.bls.gov/sae/cesprocs.htm BLS will be releasing all states’ June labor force data and job counts on July 21, 2017. DLT is scheduled to release the July 2017 labor force figures and job counts on Thursday, August 17, 2017, at 10:00 a.m.
*Refers to the number of new and reopened claims filed by UI beneficiaries and claims filed by those already collecting UI in the week that includes the 12th of the month.
ABOUT DLT: The RI Department of Labor and Training offers employment services, educational services and economic opportunities 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, please call the RI Department of Labor and Training at (401) 462-8000 or visit the website at www.dlt.ri.gov.