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Snapshot of the Rhode Island Economy
November 2014

Download (xls)(pdf)
 

  Nov.
2014
Oct.
2014
Nov.
2013
% Change Year to Date
Oct. 14 Nov. 13 2014 2013 % Change
Labor Force and Unemployment (1,000s)(Seasonally Adjusted)
  R.I. Labor Force 553.4 555.4 551.0 -0.4% 0.4% 555,479 556,147 -0.1%
  R.I. Employed 514.1 514.6 499.4 -0.1% 2.9% 510,677 503,252 1.5%
  R.I. Unemployed  39.3 40.9 51.6 -3.9% -23.8% 44,801 52,895 -15.3%
  R.I. Unemployment Rate 7.1% 7.4% 9.4% -4.1% -24.5% 8.1% 9.5% -15.2%
  U.S. Unemployment Rate 5.8% 5.8% 7.0% 0.0% -17.1% 6.2% 7.4% -16.1%
                   
R.I. Insured Unemployment (as of week of the 12th)

Average thru week 48

  Avg. Insured Unemployed 8,608 9,639 9,758 -10.7% -11.8% 12,011 12,820 -6.3%
  Insured Unemployment Rate* 1.92% 2.15% 2.20% -10.7% -12.7% 2.68% 2.90% -7.6%
              Year to Date
Total Jobs at R.I. Businesses (1,000s)(Seasonally Adjusted) 2014 2013 % Change
  Establishment Employment (Total) 479.7 476.9 473.9 0.6% 1.2% 477.2 471.1 1.3%
  Natural Resources & Mining 0.2 0.2 0.2 0.0% 0.0% 0.2 0.2 0.0%
  Construction 16.7 16.4 16.1 1.8% 3.7% 16.7 16.1 3.7%
  Manufacturing 41.2 40.9 40.7 0.7% 1.2% 40.8 40.0 2.0%
  Wholesale Trade** 16.6 16.3 16.7 1.8% -0.6% 16.6 16.7 -0.6%
  Retail Trade 47.0 46.7 46.7 0.6% 0.6% 47.1 46.6 1.1%
  Transportation & Utilities 11.5 11.4 10.9 0.9% 5.5% 11.1 10.8 2.8%
  Information 8.8 8.7 8.9 1.1% -1.1% 8.8 9.0 -2.2%
  Financial Activities 33.1 33.6 32.1 -1.5% 3.1% 32.8 32.3 1.5%
  Professional & Business Services 61.0 60.0 59.1 1.7% 3.2% 60.6 58.6 3.4%
  Educational Services 24.3 24.6 25.0 -1.2% -2.8% 24.2 24.2 0.0%
  Health Care & Social Assistance 81.0 80.4 80.6 0.7% 0.5% 80.6 80.5 0.1%
  Arts, Entertainment & Recreation 9.0 8.8 8.8 2.3% 2.3% 9.1 8.3 9.6%
  Accommodation & Food Services 46.8 46.2 45.6 1.3% 2.6% 46.0 45.1 2.0%
  Other Services 22.7 22.8 22.4 -0.4% 1.3% 22.6 22.6 0.0%
  Government              59.8 59.9 60.1 -0.2% -0.5% 60.0 60.2 -0.3%
                   
Unemployment Insurance Year to Date
   Regular Claims 2014 2013 % Change
  Initial Claims 5,149 4,741 5,684 8.6% -9.4% 66,904 71,485 -6.4%
  Number of Payments 29,778 30,326 37,906 -1.8% -21.4% 513,040 557,167 -7.9%
  Amount of Payments (gross millions) $9.8 $10.1 $12.9 -3.0% -24.0% $169.1 $189.5 -10.8%
  Exhaustions (Final Payments) 838 859 1,101 -2.4% -23.9% 12,692 14,918 -14.9%
                 
Temporary Disability Insurance Year to Date
    2014 2013 % Change
  Initial Claims 3,040 4,391 3,159 -30.8% -3.8% 41,799 36,577 14.3%
  Number of Payments   28,143 32,988 28,674 -14.7% -1.9% 335,505 333,149 0.7%
  Amount of Payments (gross millions) $12.7 $14.6 $12.6 -13.0% 0.8% $149.4 $146.7 1.8%
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.
*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.
 

 
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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