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Snapshot of the Rhode Island Economy
August 2017

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  Aug.
2017
Jul.
2017
Aug.
2016
% Change   Year to Date
Jul. 17 Aug. 16   2017 2016 % Change
Labor Force and Unemployment (1,000s) (Seasonally Adjusted)        
  R.I. Labor Force 556.4 557.0 552.5 -0.1% 0.7%   554,836 552,464 0.4%
  R.I. Employed 532.7 532.8 523.0 0.0% 1.9%   530,679 522,565 1.6%
  R.I. Unemployed  23.7 24.2 29.5 -2.1% -19.7%   24,157 29,899 -19.2%
  R.I. Unemployment Rate 4.3% 4.3% 5.3% 0.0% -18.9%   4.4% 5.4% -19.6%
  U.S. Unemployment Rate 4.4% 4.3% 4.9% 2.3% -10.2%   4.5% 4.9% -8.8%
                     
R.I. Insured Unemployment (as of week of the 12th)   Thru Week 35
  Avg. Insured Unemployed 8,562 8,380 9,099 2.2% -5.9%   10,163 10,521 -3.4%
  Insured Unemployment Rate* 1.85% 1.81% 1.97% 2.2% -6.1%   2.20% 2.29% -3.9%
                Year to Date
Total Jobs at R.I. Businesses (1,000s)(Seasonally Adjusted)   2017 2016 % Change
  Establishment Employment (Total) 499.7 499.7 490.4 0.0% 1.9%   496.2 489.6 1.3%
  Natural Resources & Mining 0.2 0.2 0.2 0.0% 0.0%   0.2 0.2 0.0%
  Construction 21.4 20.3 18.2 5.4% 17.6%   20.2 18.0 12.2%
  Manufacturing 41.2 41.8 40.4 -1.4% 2.0%   40.9 40.6 0.7%
  Wholesale Trade 17.2 17.0 16.6 1.2% 3.6%   17.0 16.7 1.8%
  Retail Trade 48.2 48.4 48.2 -0.4% 0.0%   48.7 48.4 0.6%
  Transportation & Utilities 11.4 11.8 11.6 -3.4% -1.7%   11.6 11.5 0.9%
  Information 7.6 7.9 8.1 -3.8% -6.2%   7.7 8.1 -4.9%
  Financial Activities 33.1 33.1 33.6 0.0% -1.5%   33.3 33.5 -0.6%
  Professional & Business Services 65.4 65.4 65.8 0.0% -0.6%   66.0 65.4 0.9%
  Educational Services 26.8 26.5 25.1 1.1% 6.8%   26.0 25.5 2.0%
  Health Care & Social Assistance 81.6 81.3 80.7 0.4% 1.1%   81.3 80.7 0.7%
  Arts, Entertainment & Recreation 9.5 9.5 9.3 0.0% 2.2%   9.7 9.3 4.3%
  Accommodation & Food Services 52.5 52.1 48.5 0.8% 8.2%   50.0 48.2 3.7%
  Other Services 23.2 23.5 23.1 -1.3% 0.4%   23.2 23.2 0.0%
  Government              60.4 60.9 61.0 -0.8% -1.0%   60.6 60.5 0.2%
                     
Unemployment Insurance   Year to Date
   Regular Claims   2017 2016 % Change
  Initial Claims 3,717 4,082 4,195 -8.9% -11.4%   39,600 44,080 -10.2%
  Number of Payments 36,118 41,784 44,432 -13.6% -18.7%   332,281 341,969 -2.8%
  Amount of Payments (gross millions) $11.6 $13.3 $13.8 -12.8% -15.9%   $114.1 $113.5 0.5%
  Exhaustions (Final Payments) 608 820 830 -25.9% -26.7%   5,926 6,243 -5.1%
                   
                     
Temporary Disability Insurance   Year to Date
      2017 2016 % Change
  Initial Claims 4,466 3,803 4,395 17.4% 1.6%   32,186 32,741 -1.7%
  Number of Payments   n/a 27,671 35,435 n/a n/a   n/a 235,677 n/a
  Amount of Payments (gross millions) n/a $13.6 $17.0 n/a n/a   n/a $113.7 n/a

*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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