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Snapshot of the Rhode Island Economy
August 2016

Download (xls)(pdf)
 

Aug. July Aug. % Change   Year to Date
    2016 2016 2015 July 16 Aug. 15   2016 2015 % Change
Labor Force and Unemployment (1,000s)(Seasonally Adjusted)  
R.I. Labor Force 556.8 555.2 554.6 0.3% 0.4%   553,483 555,587 -0.4%
R.I. Employed 525.8 524.7 522.7 0.2% 0.6%   523,437 521,041 0.5%
R.I. Unemployed  30.9 30.5 31.9 1.3% -3.1% 30,046 34,546 -13.0%
R.I. Unemployment Rate 5.6% 5.5% 5.8% 1.8% -3.4%   5.4% 6.2% -12.7%
  U.S. Unemployment Rate 4.9% 4.9% 5.1% 0.0% -3.9%   4.9% 5.4% -9.2%
                     
R.I. Insured Unemployment (as of week of the 12th)   Thru Week 36
  Avg. Insured Unemployed 9,099 8,887 9,387 2.4% -3.1%   10,586 11,471 -7.7%
  Insured Unemployment Rate* 1.97% 1.93% 2.07% 2.1% -4.8%   2.30% 2.53% -9.1%
    Year to Date
Total Jobs at R.I. Businesses (1,000s)(Seasonally Adjusted)   2016 2015 % Change
Establishment Employment (Total) 490.8 491.5 485.0 -0.1% 1.2%   489.2 484.0 1.1%
Natural Resources & Mining 0.2 0.2 0.2 0.0% 0.0%   0.2 0.2 4.3%
Construction 17.3 17.2 17.0 0.6% 1.8%   17.9 16.7 7.2%
  Manufacturing 41.9 42.4 41.2 -1.2% 1.7%   41.9 41.2 1.7%
Wholesale Trade 16.4 16.2 16.9 1.2% -3.0%   16.3 17.0 -4.1%
Retail Trade 48.1 48.4 48.2 -0.6% -0.2%   48.1 47.9 0.4%
  Transportation & Utilities 11.7 11.6 11.4 0.9% 2.6%   11.4 11.4 0.0%
Information 8.5 8.5 8.6 0.0% -1.2%   8.5 8.5 0.0%
  Financial Activities 32.4 32.7 32.6 -0.9% -0.6%   33.1 32.8 0.9%
  Professional & Business Services 65.5 66.1 63.6 -0.9% 3.0%   65.6 63.2 3.8%
Educational Services 25.1 25.3 24.8 -0.8% 1.2%   24.4 24.9 -2.0%
  Health Care & Social Assistance 81.4 81.0 80.8 0.5% 0.7%   80.9 80.7 0.2%
Arts, Entertainment & Recreation 8.6 8.7 8.8 -1.1% -2.3%   9.0 9.0 0.0%
Accommodation & Food Services 48.8 48.7 47.6 0.2% 2.5%   48.5 47.2 2.8%
Other Services 23.6 23.4 23.0 0.9% 2.6%   23.3 23.0 1.3%
  Government              61.3 61.1 60.3 0.3% 1.7%   60.4 60.5 -0.2%
                   
Unemployment Insurance   Year to Date
   Regular Claims   2016 2015 % Change
  Initial Claims 4,195 4,263 3,983 -1.6% 5.3%   44,080 46,656 -5.5%
  Number of Payments 44,432 36,584 44,261 21.5% 0.4%   341,969 366,310 -6.6%
  Amount of Payments (gross millions) $13.8 $11.3 $13.4 22.1% 3.0%   $113.5 $118.5 -4.2%
  Exhaustions (Final Payments) 830 732 880 13.4% -5.7%   6,243 7,246 -13.8%
 
                     
Temporary Disability Insurance   Year to Date
  2016 2015 % Change
  Initial Claims 4,395 3,704 3,706 18.7% 18.6%   32,741 31,424 4.2%
  Number of Payments   35,435 27,934 31,642 26.9% 12.0%   235,677 234,415 0.5%
  Amount of Payments (gross millions) $17.0 $13.2 $14.5 28.8% 17.2%   $113.7 $106.9 6.4%

*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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