Department of Labor and Training releases Newport County economic data
for Q3 2006(pdf)
Newport County employed 34,840 workers and paid over $300 million in wages during the third quarter of 2006, according to RI Employment and Wage Data by County, a new report by the RI Department of Labor and Training.
Adelita Orefice, director of the RI Department of Labor and Training, commented on the data: "Newport County is seeing tremendous employment growth rates that are triple those of the state as a whole." Between the third quarter of 2005 and the third quarter of 2006, Newport County gained 564 jobs, a 1.6 percent employment growth rate. The employment growth rate for RI during the same time period was 0.5 percent.
Governor Donald L. Carcieri added: "My administration has worked hard over the last four years to create jobs and generate business opportunities for all the counties in our state. As a result of these efforts, Rhode Island leads all New England states in percentage job growth since the end of the last recession. And, our state boasts the highest number of Rhode Island-based jobs in history."
Among the highlights for the Newport County area, which includes Jamestown, Little Compton, Middletown, Newport, Portsmouth and Tiverton, were:
Statewide, Rhode Island generated approximately $4 billion in wages during the third quarter of 2006 and counted 424,450 in-state jobs. Of these jobs, nearly 60 percent were located in Providence County. Employment gains were reported in nearly all areas, with the largest gains noted in Providence Metro (+1,054), Newport County (+564) and Northern Rhode Island (+526). Bristol County was the only area to report job losses (-168) during this period.
The RI Employment and Wage Data by County report offers the latest workforce data for Bristol, Kent, Newport and Washington Counties, as well as two distinct subsets of Providence County-Providence Metro and Northern RI. The most recent report focuses on the third quarter of 2006, which is defined as July 1 through September 30.
DLT is dedicated to the growth and competitiveness of Rhode Island industry, administering a variety of training grants, tax credits, and apprenticeship programs to help employers. Economic indicators and labor market information are available for long-range planning. The Agency engages in active outreach, helping large and small employers retain their best workers or retrain their existing work force. At no cost to the employer, DLT will also screen job applicants, post job vacancies, and help businesses institute cost-sharing programs that can avert layoffs.
For more information on the innovative programs and services available to all Rhode Islanders at the Department of Labor and Training, please call (401) 462-8000 or visit the web site at www.dlt.ri.gov