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Snapshot of the Rhode Island Economy
March 2015

Download (xls)(pdf)
 

 

 

Mar.
2015
Feb.
2015
Mar.
2014
% Change Year to Date
Feb. 15 Mar. 14 2015 2014 % Change
Labor Force and Unemployment (1,000s)(Seasonally Adjusted)
  R.I. Labor Force 551.7 549.6 555.2 0.4% -0.6% 550,079 555,126 -0.9%
  R.I. Employed 517.1 514.7 509.4 0.5% 1.5% 514,970 508,483 1.3%
  R.I. Unemployed  34.6 34.9 45.8 -0.9% -24.5% 35,110 46,642 -24.7%
  R.I. Unemployment Rate 6.3% 6.4% 8.2% -1.6% -23.2% 6.4% 8.4% -24.0%
  U.S. Unemployment Rate 5.5% 5.5% 6.6% 0.0% -16.7% 5.6% 6.6% -16.1%
                   
R.I. Insured Unemployment (as of week of the 12th)

Average thru week 14

  Avg. Insured Unemployed 14,535 12,777 16,729 13.8% -13.1% 14,608 16,868 -13.4%
  Insured Unemployment Rate* 3.23% 2.84% 3.78% 13.7% -14.6% 3.24% 3.80% -14.7%
              Year to Date
Total Jobs at R.I. Businesses (1,000s)(Seasonally Adjusted) 2015 2014 % Change
  Establishment Employment (Total) 480.0 478.4 475.1 0.3% 1.0% 480.0 475.1 1.0%
  Natural Resources & Mining 0.2 0.3 0.2 -33.3% 0.0% 0.2 0.2 0.0%
  Construction 16.1 16.5 16.3 -2.4% -1.2% 16.5 16.3 1.2%
  Manufacturing 41.7 41.7 40.5 0.0% 3.0% 41.6 40.6 2.5%
  Wholesale Trade** 16.7 16.8 16.8 -0.6% -0.6% 16.8 16.8 0.0%
  Retail Trade 46.7 46.6 46.9 0.2% -0.4% 46.8 46.9 -0.2%
  Transportation & Utilities 11.4 11.4 11.0 0.0% 3.6% 11.5 11.0 4.5%
  Information 8.7 8.6 8.8 1.2% -1.1% 8.7 8.9 -2.2%
  Financial Activities 32.5 32.4 32.1 0.3% 1.2% 32.5 32.2 0.9%
  Professional & Business Services 59.9 60.1 59.9 -0.3% 0.0% 60.2 59.8 0.7%
  Educational Services 24.8 24.2 24.3 2.5% 2.1% 24.6 24.4 0.8%
  Health Care & Social Assistance 80.9 80.5 80.4 0.5% 0.6% 80.7 80.4 0.4%
  Arts, Entertainment & Recreation 9.1 9.0 9.1 1.1% 0.0% 9.0 8.9 1.1%
  Accommodation & Food Services 47.3 46.8 45.9 1.1% 3.1% 47.1 45.8 2.8%
  Other Services 24.1 23.7 22.8 1.7% 5.7% 23.9 22.8 4.8%
  Government              59.9 59.8 60.1 0.2% -0.3% 59.9 60.1 -0.3%
                   
Unemployment Insurance Year to Date
   Regular Claims 2015 2014 % Change
  Initial Claims 4,524 8,081 5,517 -44.0% -18.0% 21,583 25,054 -13.9%
  Number of Payments 65,347 56,287 73,507 16.1% -11.1% 173,277 201,188 -13.9%
  Amount of Payments (gross millions) $22.0 $18.7 $24.8 17.6% -11.3% $57.3 $67.7 -15.4%
  Exhaustions (Final Payments) 1,108 815 1,657 36.0% -33.1% 2,817 4,008 -29.7%
                   
Temporary Disability Insurance Year to Date
              2015 2014 % Change
  Initial Claims 4,235 3,402 3,388 24.5% 25.0% 11,413 10,768 6.0%
  Number of Payments   33,344 27,162 29,040 22.8% 14.8% 87,168 83,717 4.1%
  Amount of Payments (gross millions) $15.3 $12.4 $12.9 23.4% 18.6% $39.9 $37.4 6.7%
*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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