Rhode Island-Based Jobs up 600 from October; November Unemployment Rate Increases to 4.3 Percent (pdf)
December 21, 2017
The RI Department of Labor and Training announced today that the state’s seasonally adjusted unemployment rate for November 2017 was 4.3 percent, up one-tenth of a percentage point from the October rate. Over the year, the unemployment rate is down seven-tenths of a percentage point from the November 2016 rate of 5.0 percent.
The U.S. unemployment rate was 4.1 percent in November 2017, unchanged 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 24,000, up 700 from the October figure of 23,300. Over the year, the number of unemployed dropped by 3,800.
A total of 7,235 individuals collected Unemployment Insurance (UI) benefits in November 2017 *, down from 7,294 a year ago. This month, UI claimants accounted for 30.4 percent of the total unemployed.
The number of employed RI residents was 530,700, a decrease of 800 from the October figure of 531,500. Over the year, the number of employed RI residents was up 7,300 from November 2016 (523,400).
The RI labor force totaled 554,700 in November 2017, down 100 from October 2017 and up 3,600 from November 2016 (551,100).
JOBS BASED IN RHODE ISLAND: The November jobs report revealed that the number of nonfarm jobs in Rhode Island increased to 497,700, a gain of 600 jobs from the revised October employment level of 497,100. The revised October estimate reverses what originally was an October job loss into an October job gain, marking the first over the month job increase since July. Through November, the number of jobs in Rhode Island is up 6,400 since the start of the year and up 5,500 from a year ago (497,700 vs. 492,200).
The Accommodation & Food Services sector added 700 jobs in November, erasing the 700 jobs it lost in October. Over the year, the number of jobs within the Accommodation & Food sector is up 2,100.
The Construction sector rebounded from two consecutive months of jobs declines, adding 500 jobs in November. Employment within this sector is up 2,400 from a year earlier.
Employment in the Manufacturing sector grew by 400 from October, marking the sector’s first job gain since July. The number of Manufacturing jobs is up 1,500 from November 2016.
The Health Care & Social Assistance and Educational Services sectors each added 300 jobs in November. The number of jobs in both sectors are up 500 and 400, respectively, from last November.
A gain of 100 jobs was reported in both the Information and Transportation & Utilities sectors. Employment in the Transportation & Utilities sector is up 200 over the year, while employment in the Information sector is down 200 in over the year.
The Professional & Business Services sector lost 800 jobs in November, eliminating over half of the 1,200 jobs it gained in October. Since November 2016, employment in Professional & Business Services is down 1,400.
Payrolls in the Retail Trade sector fell by 300 in November. The number of jobs within this sector is down 100 over the year.
Three employment sectors, Government, Financial Activities and Wholesale Trade, each lost 200 jobs in November. The Wholesale Trade (+700) and Financial Activities (+200) sectors are both up in employment from a year ago, while Government employment is down 300 jobs a year ago.
Employment in the Arts, Entertainment & Recreation sector continued to trend down in November, shedding 100 jobs. This sector has not reported a monthly job gain since July and has 800 fewer jobs than a year ago.
The number of jobs in the Mining & Logging and Other Services sectors remained unchanged from October.
MANUFACTURING: In November 2017, production workers in the Manufacturing sector earned $19.60 per hour, up thirty-six cents from October 2017, and up $1.00 from November 2016.
Manufacturing employees worked an average of 40.2 hours per week in November, down two-tenths of an hour over the month, but up four-tenths of an hour from a year ago.
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.