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Snapshot of the Rhode Island Economy
October 2017

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  Oct.
2017
Sept.
2017
Oct.
2016
% Change Year to Date
Sept. 17 Oct. 16 2017 2016 % Change
Labor Force and Unemployment (1,000s) (Seasonally Adjusted)
  R.I. Labor Force 554.5 555.2 551.7 -0.1% 0.5% 554,824 552,431 0.4%
  R.I. Employed 531.2 532.0 523.3 -0.2% 1.5% 530,846 522,633 1.6%
  R.I. Unemployed  23.3 23.2 28.4 0.4% -18.0% 23,978 29,798 -19.5%
R.I. Unemployment Rate 4.2% 4.2% 5.1% 0.0% -17.6% 4.3% 5.4% -19.9%
  U.S. Unemployment Rate 4.1% 4.2% 4.8% -2.4% -14.6% 4.4% 4.9% -10.1%
                   
R.I. Insured Unemployment Thru Week 44
  Avg. Insured Unemployed 7,700 8,678 8,283 -11.3% -7.0% 9,361 9,757 -4.1%
  Insured Unemployment Rate* 1.66% 1.87% 1.79% -11.2% -7.3% 2.02% 2.12% -4.7%
              Year to Date
Total Jobs at R.I. Businesses (1,000s)(Seasonally Adjusted) 2017 2016 % Change
  Establishment Employment (Total) 495.8 496.0 491.2 0.0% 0.9% 496.1 489.9 1.3%
  Natural Resources & Mining 0.2 0.2 0.2 0.0% 0.0% 0.2 0.2 0.0%
  Construction 20.5 20.7 18.3 -1.0% 12.0% 20.2 18.1 11.6%
  Manufacturing 41.1 41.1 40.0 0.0% 2.8% 41.0 40.5 1.2%
  Wholesale Trade 17.4 17.6 16.6 -1.1% 4.8% 17.1 16.7 2.4%
  Retail Trade 48.3 48.2 48.1 0.2% 0.4% 48.6 48.4 0.4%
  Transportation & Utilities 11.6 11.6 11.5 0.0% 0.9% 11.6 11.5 0.9%
  Information 7.9 7.9 7.9 0.0% 0.0% 7.8 8.1 -3.7%
  Financial Activities 33.3 32.7 33.3 1.8% 0.0% 33.2 33.5 -0.9%
  Professional & Business Services 65.6 64.9 66.3 1.1% -1.1% 65.8 65.6 0.3%
  Educational Services 25.3 25.8 25.9 -1.9% -2.3% 25.9 25.5 1.6%
  Health Care & Social Assistance 81.3 80.9 81.0 0.5% 0.4% 81.3 80.7 0.7%
  Arts, Entertainment & Recreation 9.0 9.2 9.2 -2.2% -2.2% 9.6 9.3 3.2%
  Accommodation & Food Services 50.4 51.1 49.2 -1.4% 2.4% 50.2 48.3 3.9%
  Other Services 23.2 23.3 23.0 -0.4% 0.9% 23.2 23.1 0.4%
  Government              60.7 60.8 60.7 -0.2% 0.0% 60.6 60.5 0.2%
                   
Unemployment Insurance Year to Date
   Regular Claims 2017 2016 % Change
  Initial Claims 3,418 3,164 3,522 8.0% -3.0% 46,182 50,780 -9.1%
  Number of Payments 27,502 24,612 28,849 11.7% -4.7% 384,395 397,518 -3.3%
  Amount of Payments (gross millions) $10.0 $8.7 $10.0 14.9% 0.0% $132.8 $132.7 0.1%
  Exhaustions (Final Payments) 710 574 723 23.7% -1.8% 7,210 7,588 -5.0%
                 
                   
Temporary Disability Insurance Year to Date
              2017 2016 % Change
  Initial Claims 3,999 3,930 3,698 1.8% 8.1% 39,827 40,595 -1.9%
  Number of Payments   30,513 31,032 29,274 -1.7% 4.2% 293,948 294,836 -0.3%
  Amount of Payments (gross millions) $15.1 $15.2 $14.1 -0.7% 7.1% $144.4 $142.0 1.7%

*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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