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This
report, "Rhode Island Employment and Wage Analysis,"
provides a brief overview of the 2006 employment
situations in Bristol, Kent, Newport and Washington Counties, as
well as two distinct areas of Providence County —Providence Metro
and Northern Rhode Island. Key findings include:
•
Rhode Island
’s private sector employment averaged 417,706 in 2006, an increase
of 2,799 (+0.7%) from the 2005 average of 414,907. The largest
employment gains were noted in the Providence Metro (+1,128) and
Northern Rhode Island (+984) areas of
Providence
County
. On a percentage basis,
Northern Rhode Island
with 81,530 jobs reported the largest increase (+1.2%) in jobs,
growing from 80,546 jobs in 2005 to 81,530 in 2006. The next largest
increases were reported by Kent (+0.9%) and
Newport
(+0.9%) counties.
Bristol
County
was the only RI county to report a job loss (0.4 %).
•
Nearly 60 percent of the 417,706 Rhode Island-based private sector
jobs were located in
Providence
County
with Providence Metro accounting for 40 percent and
Northern Rhode Island
accounting for 19.5 percent of the state’s employment.
Kent
County
accounted for 17.9 percent of the state’s jobs, followed by
Washington
County
(9.8%),
Newport
County
(7.7%) and
Bristol
County
(3.1%).
•
The City of
Providence
reported the greatest numeric increase in employment between 2005
and 2006, with 883 new jobs reported. On a percentage basis,
West Greenwich
* reported an 8.7 percent employment increase—the highest of all
RI communities during this time period. Other high growth
communities include
Cumberland
with an 8.5 percent employment increase and Little Compton with a
7.4 percent employment increase.
•
Cities and towns with negative job growth during this same time
period include:
Central Falls
with a 6.2 percent employment drop,
Warren
with a 5.2 percent employment drop,
Scituate
with a 4.9 percent employment drop and Hopkinton with a 4.6 percent
employment drop.
•
The statewide average annual wage in the private sector increased
4.5 percent, or $1,668, from the $37,064 earned in 2005 to the
$38,732 earned in 2006.
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