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Snapshot of the Rhode Island Economy
May 2017

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    May Apr. May % Change   Year to Date
  2017 2017 2016 Apr. 17 May. 16   2017 2016 % Change
Labor Force and Unemployment (1,000s)                  
       (Seasonally Adjusted)              
  R.I. Labor Force 555.5 555.5 552.6 0.0% 0.5%   553,706 552,338 0.2%
R.I. Employed 532.7 531.6 522.5 0.2% 2.0% 529,300 522,416 1.3%
  R.I. Unemployed  22.9 23.9 30.1 -4.2% -23.9%   24,406 29,922 -18.4%
  R.I. Unemployment Rate 4.1% 4.3% 5.4% -4.7% -24.1%   4.4% 5.4% -18.6%
  U.S. Unemployment Rate 4.3% 4.4% 4.7% -2.3% -8.5%   4.5% 4.9% -7.7%
                         
R.I. Insured Unemployment (as of week of the 12th)           Thru Week 22
  Avg. Insured Unemployed 10,949 12,287 11,150 -10.9% -1.8%   10,960 11,204 -2.2%
  Insured Unemployment Rate* 2.36% 2.65% 2.43% -10.9% -2.9%   2.37% 2.45% -3.3%
                    Year to Date
Total Jobs at R.I. Businesses (1,000s)(Seasonally Adjusted)             2017 2016 % Change
  Establishment Employment (Total) 495.4 494.8 488.3 0.1% 1.5%   494.7 489.2 1.1%
  Natural Resources & Mining 0.2 0.2 0.2 0.0% 0.0%   0.2 0.2 0.0%
  Construction 20.2 19.9 17.9 1.5% 12.8%   19.9 18.0 10.6%
  Manufacturing 41.1 41.2 40.5 -0.2% 1.5%   40.6 40.7 -0.2%
  Wholesale Trade 17.2 17.2 16.7 0.0% 3.0%   16.9 16.7 1.2%
  Retail Trade 48.9 49.1 48.4 -0.4% 1.0%   48.8 48.5 0.6%
  Transportation & Utilities 11.5 11.6 11.5 -0.9% 0.0%   11.5 11.5 0.0%
  Information 7.7 7.6 7.4 1.3% 4.1%   7.7 8.0 -3.8%
  Financial Activities 33.3 33.5 33.4 -0.6% -0.3%   33.3 33.5 -0.6%
  Professional & Business Services 65.2 65.9 65.1 -1.1% 0.2%   66.4 65.3 1.7%
  Educational Services 26.1 25.9 25.7 0.8% 1.6%   25.7 25.4 1.2%
  Health Care & Social Assistance 81.2 80.8 80.7 0.5% 0.6%   81.3 80.6 0.9%
  Arts, Entertainment & Recreation 8.8 9.4 9.2 -6.4% -4.3%   9.8 9.3 5.4%
  Accommodation & Food Services 50.0 49.0 48.3 2.0% 3.5%   49.0 48.0 2.1%
  Other Services 23.4 22.9 23.2 2.2% 0.9%   23.1 23.2 -0.4%
  Government              60.6 60.6 60.1 0.0% 0.8%   60.6 60.3 0.5%
                         
Unemployment Insurance   Year to Date
   Regular Claims   2017 2016 % Change
  Initial Claims 3,674 5,356 3,590 -31.4% 2.3%   25,781 29,290 -12.0%
  Number of Payments 35,244 38,106 38,754 -7.5% -9.1%   226,396 230,250 -1.7%
  Amount of Payments (gross millions) $12.3 $13.3 $13.8 -7.5% -10.9%   $79.5 $78.3 1.5%
  Exhaustions (Final Payments) 866 748 872 15.8% -0.7%   3,812 3,981 -4.2%
                         
Temporary Disability Insurance   Year to Date
      2017 2016 % Change
  Initial Claims 3,998 3,647 3,759 9.6% 6.4%   19,552 20,076 -2.6%
  Number of Payments   31,914 26,061 22,781 22.5% 40.1%   141,919 139,734 1.6%
  Amount of Payments (gross millions) $15.6 $12.8 $13.1 21.9% 19.1%   $69.8 $68.1 2.5%

*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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