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Snapshot of the Rhode Island Economy
December 2011
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Dec.
2011 |
Nov.
2011 |
Dec.
2010 |
%
Change |
Annual
Average |
| Nov.
11 |
Dec.
10 |
2011 |
2010 |
%
Change |
| Labor
Force and Unemployment (1,000s)(Seasonally
Adjusted) |
| |
R.I.
Labor Force |
564.2 |
562.7 |
577.3 |
0.3% |
-2.3% |
567,066 |
575,923 |
-1.5% |
| |
R.I.
Employed |
503.4 |
503.4 |
511.1 |
0.0% |
-1.5% |
505,744 |
508,970 |
-0.6% |
| |
R.I.
Unemployed |
60.8 |
59.2 |
66.2 |
2.7% |
-8.2% |
61,322 |
66,953 |
-8.4% |
| |
R.I.
Unemployment Rate |
10.8% |
10.5% |
11.5% |
2.9% |
-6.1% |
10.8% |
11.6% |
-7.0% |
| |
U.S.
Unemployment Rate |
8.5% |
8.7% |
9.4% |
-2.3% |
-9.6% |
8.9% |
9.6% |
-7.1% |
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| R.I.
Insured Unemployment |
Annual
Average
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Avg.
Insured Unemployed |
13,480 |
13,296 |
14,712 |
1.4% |
-8.4% |
16,477 |
18,342 |
-10.2% |
| |
Insured
Unemployment Rate* |
3.08% |
3.04% |
3.37% |
1.3% |
-8.6% |
3.77% |
4.21% |
-10.5% |
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Annual
Average |
| Total
Jobs at R.I. Businesses (1,000s)(Seasonally
Adjusted) |
2011 |
2010 |
%
Change |
| |
Establishment
Employment (Total) |
458.7 |
459.3 |
458.2 |
-0.1% |
0.1% |
461.3 |
458.8 |
0.5% |
| |
Natural
Resources & Mining |
0.2 |
0.2 |
0.2 |
0.0% |
0.0% |
0.2 |
0.2 |
0.0% |
| |
Construction |
16.0 |
16.5 |
15.1 |
-3.0% |
6.0% |
15.4 |
15.9 |
-3.1% |
| |
Manufacturing |
40.2 |
39.8 |
40.5 |
1.0% |
-0.7% |
40.7 |
40.3 |
1.0% |
| |
Wholesale
Trade** |
16.8 |
16.6 |
16.4 |
1.2% |
2.4% |
16.5 |
16.1 |
2.5% |
| |
Retail
Trade |
47.5 |
48.5 |
47.5 |
-2.1% |
0.0% |
49.2 |
47.0 |
4.7% |
| |
Transportation
& Utilities |
10.4 |
10.3 |
10.2 |
1.0% |
2.0% |
10.2 |
10.2 |
0.0% |
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Information |
10.4 |
10.4 |
10.5 |
0.0% |
-1.0% |
10.3 |
10.1 |
2.0% |
| |
Financial
Activities |
30.0 |
29.7 |
30.1 |
1.0% |
-0.3% |
29.9 |
30.5 |
-2.0% |
| |
Professional
& Business Services |
54.3 |
54.0 |
52.9 |
0.6% |
2.6% |
53.9 |
53.1 |
1.5% |
| |
Educational
Services |
24.0 |
24.2 |
23.3 |
-0.8% |
3.0% |
23.8 |
23.8 |
0.0% |
| |
Health
Care & Social Assistance |
78.0 |
78.3 |
78.3 |
-0.4% |
-0.4% |
78.4 |
78.1 |
0.4% |
| |
Arts,
Entertainment & Recreation |
6.9 |
7.0 |
7.1 |
-1.4% |
-2.8% |
7.1 |
7.5 |
-5.3% |
| |
Accommodation
& Food Services |
43.0 |
42.4 |
42.9 |
1.4% |
0.2% |
43.3 |
42.2 |
2.6% |
| |
Other
Services |
21.4 |
21.8 |
22.2 |
-1.8% |
-3.6% |
22.1 |
22.2 |
-0.5% |
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Government |
59.6 |
59.6 |
61.0 |
0.0% |
-2.3% |
60.3 |
61.8 |
-2.4% |
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| Unemployment
Insurance |
Annual
Total |
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Regular Claims |
2011 |
2010 |
%
Change |
| |
Initial
Claims |
11,313 |
7,836 |
12,802 |
44.4% |
-11.6% |
94,173 |
100,246 |
-6.1% |
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Number
of Payments |
56,499 |
51,458 |
63,717 |
9.8% |
-11.3% |
770,647 |
863,929 |
-10.8% |
| |
Amount
of Payments (gross millions) |
$20.7 |
$18.9 |
$23.3 |
9.5% |
-11.2% |
$279.6 |
$315.4 |
-11.4% |
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Exhaustions
(Final Payments) |
1,705 |
1,633 |
2,109 |
4.4% |
-19.2% |
24,657 |
27,881 |
-11.6% |
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Emergency Unemployment Compensation |
Total
2011 |
Total
EUC Program |
| |
Initial
Claims |
2,608 |
2,864 |
2,520 |
-8.9% |
3.5% |
34,104 |
132,353 |
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Number
of Payments |
50,813 |
52,816 |
58,558 |
-3.8% |
-13.2% |
705,909 |
2,317,668 |
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Amount
of Payments (gross millions) |
$18.6 |
$19.5 |
$21.6 |
-4.6% |
-13.9% |
$259.8 |
$846.5 |
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Extended Benefits |
Total
2011 |
Total
EB Program |
| |
Initial
Claims |
499 |
614 |
2,754 |
-18.7% |
-81.9% |
5,870 |
34,624 |
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Number
of Payments |
7,549 |
6,988 |
12,921 |
8.0% |
-41.6% |
105,343 |
441,059 |
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Amount
of Payments (gross millions) |
$2.8 |
$2.5 |
$4.7 |
12.0% |
-40.4% |
$38.6 |
$160.3 |
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Exhaustions
(Final Payments) |
272 |
220 |
623 |
23.6% |
-56.3% |
5,631 |
21,329 |
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| Temporary
Disability Insurance |
Annual
Total |
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2011 |
2010 |
%
Change |
| |
Initial
Claims |
2,566 |
3,257 |
3,005 |
-21.2% |
-14.6% |
40,628 |
41,240 |
-1.5% |
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Number
of Payments |
26,976 |
31,380 |
29,356 |
-14.0% |
-8.1% |
354,654 |
370,071 |
-4.2% |
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Amount
of Payments (gross millions) |
$12.0 |
$13.9 |
$12.7 |
-13.7% |
-5.5% |
$155.8 |
$159.8 |
-2.5% |
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| R.I.
Population Trends: The 2010 Census indicates that
Rhode Island's population grew from 1,048,319 in 2000 to
1,052,567 in 2010, an increase of 4,248 (+0.4%) residents.
RI's population had grown by 44,855 (+4.5%) between the
1990 Census and Census 2000. |
Commuting
Patterns: According to the 2000
Census, there were 32,371 more RI residents working out of
state than non-residents working in RI. The number of RI
residents commuting to a job in MA reached 56,138. The
represents 11.4% of RI's employed residents and is up from
9.7% in 1990. The number of Rhode Islanders commuting to a
job in CT was 11,315 or 2.3%, up from 1990's figure of
1.9%. In contrast, the number of MA residents working in
RI was 31,506, while the number of CT residents commuting
to a job in RI was 3,998.
*13-week average
expressed as a percentage of covered employment.
**State calculated estimate.
Note: Data for latest month are preliminary. Prior year
reflects latest revision.
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