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Snapshot of the Rhode Island Economy
March 2016

Download (xls)(pdf)
 

Mar. Feb. Mar. % Change   Year to Date
        2016 2016 2015 Feb. 16 Mar. 15   2016 2015 % Change
Labor Force and Unemployment (1,000s) (Seasonally Adjusted)  
R.I. Labor Force 552.8 552.1 555.6 0.1% -0.5%   552,360 555,141 -0.5%
R.I. Employed 522.9 522.3 520.4 0.1% 0.5%   522,596 519,570 0.6%
R.I. Unemployed  29.9 29.8 35.2 0.3% -15.1%   29,764 35,571 -16.3%
R.I. Unemployment Rate 5.4% 5.4% 6.3% 0.0% -14.3%   5.4% 6.4% -15.9%
  U.S. Unemployment Rate 5.0% 4.9% 5.5% 2.0% -9.1%   4.9% 5.5% -10.8%
                         
R.I. Insured Unemployment   Thru Week 13
  Avg. Insured Unemployed 12,715 11,111 14,535 14.4% -12.5%   12,950 14,788 -12.4%
  Insured Unemployment Rate* 2.77% 2.42% 3.23% 14.5% -14.2%   2.83% 3.29% -14.0%
                    Year to Date
Total Jobs at R.I. Businesses (1,000s)(Seasonally Adjusted)   2016 2015 % Change
Establishment Employment (Total) 490.9 488.2 482.1 0.6% 1.8%   489.0 482.2 1.4%
Natural Resources & Mining 0.2 0.3 0.2 -33.3% 0.0%   0.2 0.2 4.3%
Construction 18.7 18.8 16.5 -0.5% 13.3%   18.8 16.5 14.1%
  Manufacturing 41.9 41.4 41.1 1.2% 1.9%   41.6 41.2 1.0%
Wholesale Trade 16.3 16.3 16.9 0.0% -3.6%   16.3 17.0 -4.1%
Retail Trade 47.8 47.9 47.7 -0.2% 0.2%   47.7 47.6 0.2%
  Transportation & Utilities 11.4 11.4 11.2 0.0% 1.8%   11.5 11.3 1.8%
Information 8.6 8.6 8.5 0.0% 1.2%   8.6 8.5 1.1%
  Financial Activities 33.6 33.3 32.7 0.9% 2.8%   33.4 32.7 2.1%
  Professional & Business Services 66.3 65.5 62.9 1.2% 5.4%   65.8 62.7 4.9%
Educational Services 24.0 24.1 24.8 -0.4% -3.2%   23.6 24.8 -4.8%
  Health Care & Social Assistance 80.6 80.6 80.6 0.0% 0.0%   80.6 80.6 0.0%
Arts, Entertainment & Recreation 9.5 9.3 9.1 2.2% 4.4%   9.4 9.0 4.4%
Accommodation & Food Services 48.6 47.7 46.5 1.9% 4.5%   48.0 46.6 3.0%
Other Services 23.4 22.9 23.0 2.2% 1.7%   23.2 23.0 0.9%
  Government              60.0 60.1 60.4 -0.2% -0.7%   60.1 60.6 -0.8%
                       
Unemployment Insurance   Year to Date
   Regular Claims   2016 2015 % Change
  Initial Claims 4,020 7,286 4,524 -44.8% -11.1%   19,715 21,583 -8.7%
  Number of Payments 48,793 60,488 65,347 -19.3% -25.3%   153,465 173,277 -11.4%
  Amount of Payments (gross millions) $16.7 $20.5 $22.0 -18.5% -24.1%   $51.8 $57.3 -9.6%
  Exhaustions (Final Payments) 821 770 1,108 6.6% -25.9%   2,284 2,817 -18.9%
 
                         
Temporary Disability Insurance   Year to Date
  2016 2015 % Change
  Initial Claims 4,516 4,020 4,235 12.3% 6.6%   12,514 11,413 9.6%
  Number of Payments   33,284 27,965 33,344 19.0% -0.2%   87,526 87,168 0.4%
  Amount of Payments (gross millions) $15.7 $13.2 $15.3 18.9% 2.6%   $41.3 $39.9 3.5%

*13-week average expressed as a percentage of covered employment.
Note: Data for latest month are preliminary. Prior year reflects latest revision. 
 

 
 
RI Department of Labor and Training
Labor Market Information
Center General Complex
1511 Pontiac Avenue, Cranston, RI 02920

Phone: (401) 462-8740
Fax (401) 462-8766
TTY via RI Relay: 711
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