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Snapshot of the Rhode Island Economy
October 2016

Download (xls)(pdf)

              Oct. Sept. Oct. % Change   Year to Date
              2016 2016 2015 Sept. 16 Oct. 15   2016 2015 % Change
Labor Force and Unemployment (1,000s) (Seasonally Adjusted)          
R.I. Labor Force 557.3 557.6 553.1 -0.1% 0.8% 554,280 829,523 -33.2%
  R.I. Employed         526.6 526.4 522.4 0.0% 0.8%   524,063 521,490 0.5%
  R.I. Unemployed        30.6 31.1 30.7 -1.6% -0.3%   30,218 308,033 -90.2%
  R.I. Unemployment Rate     5.5% 5.6% 5.6% -1.8% -1.8%   5.5% 37.1% -85.3%
  U.S. Unemployment Rate   4.9% 5.0% 5.0% -2.0% -2.0%   4.9% 5.3% -7.9%
                               
R.I. Insured Unemployment (as of week of the 12th)     Thru Week 45
  Avg. Insured Unemployed   8,283 9,252 8,397 -10.5% -1.4%   9,825 10,574 -7.1%
  Insured Unemployment Rate* 1.79% 2.01% 1.84% -10.9% -2.7%   2.13% 2.33% -8.6%
                          Year to Date
Total Jobs at R.I. Businesses (1,000s) (Seasonally Adjusted)     2016 2015 % Change
  Establishment Employment (Total) 492.4 490.7 485.8 0.3% 1.4%   489.7 484.3 1.1%
  Natural Resources & Mining   0.2 0.2 0.2 0.0% 0.0%   0.2 0.2 0.0%
  Construction         17.3 17.2 17.2 0.6% 0.6%   17.7 16.8 5.4%
  Manufacturing         41.3 41.8 41.6 -1.2% -0.7%   41.8 41.2 1.5%
  Wholesale Trade       16.4 16.5 16.7 -0.6% -1.8%   16.3 17.0 -4.1%
  Retail Trade         48.9 48.9 47.9 0.0% 2.1%   48.2 47.9 0.6%
  Transportation & Utilities   11.6 11.7 11.6 -0.9% 0.0%   11.5 11.4 0.9%
  Information         8.4 8.4 8.7 0.0% -3.4%   8.5 8.6 -1.2%
  Financial Activities       32.6 32.5 33.0 0.3% -1.2%   33.0 32.8 0.6%
  Professional & Business Services 66.1 65.2 63.3 1.4% 4.4%   65.6 63.2 3.8%
  Educational Services     24.9 24.2 24.5 2.9% 1.6%   24.4 24.8 -1.6%
  Health Care & Social Assistance 81.1 80.4 80.8 0.9% 0.4%   80.8 80.7 0.1%
  Arts, Entertainment & Recreation 9.2 9.1 9.0 1.1% 2.2%   9.1 9.0 1.1%
  Accommodation & Food Services 50.6 50.8 47.8 -0.4% 5.9%   49.0 47.3 3.6%
  Other Services       23.3 23.2 23.1 0.4% 0.9%   23.3 23.0 1.3%
  Government                  60.5 60.6 60.4 -0.2% 0.2%   60.4 60.4 0.0%
                               
Unemployment Insurance     Year to Date
   Regular Claims     2016 2015 % Change
  Initial Claims         3,522 3,178 3,894 10.8% -9.6%   50,780 54,329 -6.5%
  Number of Payments     28,849 26,700 25,339 8.0% 13.9%   397,518 418,914 -5.1%
  Amount of Payments (gross millions) $10.0 $9.2 $8.5 8.7% 17.6%   $132.7 $136.0 -2.4%
  Exhaustions (Final Payments) 723 622 643 16.2% 12.4%   7,588 8,582 -11.6%
                               
Temporary Disability Insurance     Year to Date
                          2016 2015 % Change
  Initial Claims         3,698 4,156 3,829 -11.0% -3.4%   40,595 39,406 3.0%
  Number of Payments       29,274 29,885 29,396 -2.0% -0.4%   294,836 298,778 -1.3%
  Amount of Payments (gross millions) $14.1 $14.2 $13.6 -0.7% 3.7%   $142.0 $136.6 4.0%




*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
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