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Snapshot of the Rhode Island Economy
May 2015

Download (xls)(pdf)
 

 

 

May
2015
Apr.
2015
May
2014
% Change Year to Date
Apr. 15 May 14 2015 2014 % Change
Labor Force and Unemployment (1,000s)(Seasonally Adjusted)
                     
  R.I. Labor Force 556.4 553.8 555.3 0.5% 0.2% 552,149 555,196 -0.5%
  R.I. Employed 523.4 520.1 511.4 0.6% 2.3% 517,703 509,459 1.6%
  R.I. Unemployed  33.1 33.7 43.9 -1.8% -24.6% 34,446 45,736 -24.7%
  R.I. Unemployment Rate 5.9% 6.1% 7.9% -3.3% -25.3% 6.2% 8.2% -24.3%
  U.S. Unemployment Rate 5.5% 5.4% 6.3% 1.9% -12.7% 5.5% 6.5% -14.7%
                   
R.I. Insured Unemployment (as of week of the 12th)

Average thru week 22

  Avg. Insured Unemployed 12,378 13,984 14,168 -11.5% -12.6% 12,750 14,724 -13.4%
  Insured Unemployment Rate* 2.74% 3.09% 3.19% -11.3% -14.1% 2.83% 3.32% -14.8%
              Year to Date
Total Jobs at R.I. Businesses (1,000s)(Seasonally Adjusted) 2015 2014 % Change
  Establishment Employment (Total) 484.7 481.3 478.0 0.7% 1.4% 481.4 476.1 1.1%
  Natural Resources & Mining 0.2 0.2 0.2 0.0% 0.0% 0.2 0.2 0.0%
  Construction 15.7 15.6 16.6 0.6% -5.4% 16.2 16.4 -1.2%
  Manufacturing 41.9 41.6 40.7 0.7% 2.9% 41.7 40.6 2.7%
  Wholesale Trade 16.7 16.5 16.8 1.2% -0.6% 16.7 16.8 -0.6%
  Retail Trade 46.8 47.0 47.2 -0.4% -0.8% 46.8 47.0 -0.4%
  Transportation & Utilities 11.8 11.5 10.9 2.6% 8.3% 11.7 10.9 7.3%
  Information 8.6 8.6 8.9 0.0% -3.4% 8.6 8.9 -3.4%
  Financial Activities 32.9 32.4 32.5 1.5% 1.2% 32.6 32.3 0.9%
  Professional & Business Services 62.4 61.4 60.5 1.6% 3.1% 60.9 60.0 1.5%
  Educational Services 24.7 24.9 24.4 -0.8% 1.2% 24.7 24.4 1.2%
  Health Care & Social Assistance 80.8 81.0 80.9 -0.2% -0.1% 80.8 80.5 0.4%
  Arts, Entertainment & Recreation 8.9 8.7 8.9 2.3% 0.0% 8.9 8.9 0.0%
  Accommodation & Food Services 49.2 47.9 46.3 2.7% 6.3% 47.7 46.0 3.7%
  Other Services 24.3 23.9 22.9 1.7% 6.1% 24.0 22.8 5.3%
  Government              59.8 60.1 60.3 -0.5% -0.8% 59.9 60.2 -0.5%
                   
Unemployment Insurance Year to Date
   Regular Claims 2015 2014 % Change
  Initial Claims 3,747 6,107 4,072 -38.6% -8.0% 31,437 35,724 -12.0%
  Number of Payments 31,872 42,645 37,568 -25.3% -15.2% 247,794 288,025 -14.0%
  Amount of Payments (gross millions) $10.5 $13.9 $12.5 -24.5% -16.0% $81.8 $96.7 -15.4%
  Exhaustions (Final Payments) 885 932 1,293 -5.0% -31.6% 4,634 6,691 -30.7%
                   
Temporary Disability Insurance Year to Date
    2015 2014 % Change
  Initial Claims 3,548 3,792 3,971 -6.4% -10.7% 18,753 18,650 0.6%
  Number of Payments   26,750 27,354 29,089 -2.2% -8.0% 141,272 145,071 -2.6%
  Amount of Payments (gross millions) $12.3 $12.3 $13.0 0.0% -5.4% $64.5 $64.8 -0.5%
*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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