Unemployment Rate Rises to 11.6 Percent (pdf)
December 17, 2010
The RI Department of Labor and Training announced today that the state’s seasonally adjusted unemployment rate for November 2010 was 11.6 percent, an increase of two-tenths of a percentage point from the state’s October 2010 rate. This represents the first over-the-month increase in the state’s unemployment rate since December 2009.
The U.S. unemployment rate was 9.8 percent in November, up two-tenths of a percentage point from October.
The number of unemployed RI residents—those residents classified as available for and actively seeking employment—increased by 800 from October figures, rising to 66,100. This increase marks the first over-the-month gain in the number of unemployed since January 2010. Over the year, the number of unemployed RI residents decreased by 5,500, the largest over-the-year decline since August 1994.
Due to numerous eligibility requirements, the number of unemployed RI residents differs from the number of RI Unemployment Insurance recipients. The average weekly claim load for RI Unemployment Insurance benefits in November was 32,082, down 966 (-2.9%) from the October average of 33,048.
The number of employed RI residents was unchanged from the October figures of 506,200. Over the year, the number of employed RI residents increased by 4,800, the ninth consecutive over-the-year increase and the largest over-the-year increase since April 2007.
The total Rhode Island labor force stood at 572,300 in November, up 800 over October labor force figures but down 700 from November 2009 figures. The over-the-month increase is attributed to the increase in the number of unemployed residents.
JOBS BASED IN RHODE ISLAND:
Educational Services, Health Care & Social Assistance, Government, Wholesale Trade, Accommodation & Food Services and Other Services—each reported an employment decline of 100 over the month.
However, the Financial Activities sector and the Information sector each added 200 jobs over the month. Employment in the Professional & Business Services sector and the Natural Resources & Mining sector was unchanged.
The number of Rhode Island-based jobs decreased by 3,200 (-0.7%) between November 2009 on November 2010. Over-the-year job losses were noted in several economic sectors including Professional & Business Services (-1,300), Educational Services (-1,300), Manufacturing (-1,200), Retail Trade (-700), Wholesale Trade (-500), Construction (-500), Arts, Entertainment & Recreation (-300), Health Care & Social Assistance (-200) and Government (-100).
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. The December labor force figures are scheduled to be released on Friday, January 21, 2011.
The RI Department of Labor and Training offers employment services,
educational services and economic opportunity to both individuals and
employers. DLT protects Rhode Islandís 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.