|
Snapshot of the Rhode Island Economy
April 2013
Download (xls)(pdf)
|
|
|
Apr.
2013 |
Mar.
2013 |
Apr.
2012 |
%
Change |
Year
to Date |
| Mar.
13 |
Apr.
12 |
2013 |
2012 |
%
Change |
| Labor
Force and Unemployment (1,000s)(Seasonally
Adjusted) |
| |
R.I.
Labor Force |
558.2 |
558.9 |
558.9 |
-0.1% |
-0.1% |
560,043 |
558,443 |
0.3% |
| |
R.I.
Employed |
508.9 |
507.7 |
499.8 |
0.2% |
1.8% |
507,933 |
498,898 |
1.8% |
| |
R.I.
Unemployed |
49.4 |
51.1 |
59.1 |
-3.3% |
-16.4% |
52,110 |
59,545 |
-12.5% |
| |
R.I.
Unemployment Rate |
8.8% |
9.1% |
10.6% |
-3.3% |
-17.0% |
9.3% |
10.7% |
-12.7% |
| |
U.S.
Unemployment Rate |
7.5% |
7.6% |
8.1% |
-1.3% |
-7.4% |
7.7% |
8.2% |
-6.4% |
| |
|
|
|
|
|
|
|
|
|
| R.I.
Insured Unemployment (as
of week of the 12th) |
Average
thru week 18
|
| |
Avg.
Insured Unemployed |
17,045 |
17,514 |
18,649 |
-2.7% |
-8.6% |
16,382 |
17,939 |
-8.7% |
| |
Insured
Unemployment Rate* |
3.84% |
3.98% |
4.25% |
-3.5% |
-9.6% |
3.70% |
4.09% |
-9.5% |
| |
|
|
|
|
|
|
Year
to Date |
| Total
Jobs at R.I. Businesses (1,000s)(Seasonally
Adjusted) |
2013 |
2012 |
%
Change |
| |
Establishment
Employment (Total) |
467.4 |
466.9 |
464.7 |
0.1% |
0.6% |
467.0 |
465.2 |
0.4% |
| |
Natural
Resources & Mining |
0.2 |
0.2 |
0.2 |
0.0% |
0.0% |
0.2 |
0.2 |
0.0% |
| |
Construction |
14.8 |
15.3 |
16.2 |
-3.3% |
-8.6% |
14.9 |
16.4 |
-9.1% |
| |
Manufacturing |
40.6 |
40.2 |
39.5 |
1.0% |
2.8% |
40.3 |
39.5 |
2.0% |
| |
Wholesale
Trade** |
16.6 |
16.8 |
16.8 |
-1.2% |
-1.2% |
16.8 |
17.0 |
-1.2% |
| |
Retail
Trade |
46.1 |
46.5 |
46.9 |
-0.9% |
-1.7% |
46.6 |
47.0 |
-0.9% |
| |
Transportation
& Utilities |
10.6 |
10.8 |
10.8 |
-1.9% |
-1.9% |
10.7 |
10.9 |
-1.8% |
| |
Information |
9.2 |
9.2 |
9.7 |
0.0% |
-5.2% |
9.2 |
9.9 |
-7.1% |
| |
Financial
Activities |
32.6 |
32.9 |
31.4 |
-0.9% |
3.8% |
32.8 |
31.3 |
4.8% |
| |
Professional
& Business Services |
58.5 |
58.2 |
55.9 |
0.5% |
4.7% |
57.4 |
55.7 |
3.1% |
| |
Educational
Services |
24.8 |
24.5 |
25.2 |
1.2% |
-1.6% |
24.9 |
25.3 |
-1.6% |
| |
Health
Care & Social Assistance |
79.4 |
79.1 |
78.1 |
0.4% |
1.7% |
79.3 |
78.4 |
1.1% |
| |
Arts,
Entertainment & Recreation |
7.9 |
7.8 |
7.6 |
1.3% |
3.9% |
7.8 |
7.6 |
2.6% |
| |
Accommodation
& Food Services |
43.7 |
43.2 |
43.9 |
1.2% |
-0.5% |
43.9 |
43.8 |
0.2% |
| |
Other
Services |
22.8 |
22.6 |
22.4 |
0.9% |
1.8% |
22.7 |
22.4 |
1.3% |
| |
Government |
59.6 |
59.6 |
60.1 |
0.0% |
-0.8% |
59.6 |
60.2 |
-1.0% |
| |
|
|
|
|
|
|
|
|
|
| Unemployment
Insurance |
|
|
|
|
|
Year
to Date |
|
Regular Claims |
2013 |
2012 |
%
Change |
| |
Initial
Claims |
7,210 |
6,555 |
7,722 |
10.0% |
-6.6% |
33,156 |
33,592 |
-1.3% |
| |
Number
of Payments |
62,294 |
66,476 |
67,014 |
-6.3% |
-7.0% |
261,856 |
297,158 |
-11.9% |
| |
Amount
of Payments (gross millions) |
$21.2 |
$23.0 |
$24.8 |
-7.8% |
-14.5% |
$90.3 |
$110.8 |
-18.5% |
| |
Exhaustions
(Final Payments) |
1,831 |
1,602 |
2,538 |
14.3% |
-27.9% |
6,382 |
8,957 |
-28.7% |
| |
|
|
|
|
|
|
|
|
|
Emergency Unemployment Compensation |
2013 |
Total
EUC Program |
| |
Initial
Claims |
1,843 |
2,175 |
2,498 |
-15.3% |
-26.2% |
8,011 |
167,964 |
| |
Number
of Payments |
36,330 |
31,715 |
54,095 |
14.6% |
-32.8% |
130,965 |
2,979,881 |
| |
Amount
of Payments (gross millions) |
$13.1 |
$11.8 |
$19.8 |
11.0% |
-33.8% |
$48.7 |
$1,092.0 |
| |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| Temporary
Disability Insurance |
Year
to Date |
| |
|
|
|
|
|
|
2013 |
2012 |
%
Change |
| |
Initial
Claims |
3,269 |
3,115 |
3,398 |
4.9% |
-3.8% |
13,224 |
14,010 |
-5.6% |
| |
Number
of Payments |
31,165 |
29,326 |
26,326 |
6.3% |
18.4% |
120,990 |
112,651 |
7.4% |
| |
Amount
of Payments (gross millions) |
$13.8 |
$13.0 |
$11.8 |
6.2% |
16.9% |
$53.6 |
$50.4 |
6.3% |
|
| R.I.
Population Trends: The 2010 Census indicates that
Rhode Island's population grew from 1,048,319 in 2000 to
1,052,567 in 2010, an increase of 4,248 (+0.4%) residents.
RI's population had grown by 44,855 (+4.5%) between the
1990 Census and Census 2000. |
Commuting
Patterns: According to the 2000
Census, there were 32,371 more RI residents working out of
state than non-residents working in RI. The number of RI
residents commuting to a job in MA reached 56,138. The
represents 11.4% of RI's employed residents and is up from
9.7% in 1990. The number of Rhode Islanders commuting to a
job in CT was 11,315 or 2.3%, up from 1990's figure of
1.9%. In contrast, the number of MA residents working in
RI was 31,506, while the number of CT residents commuting
to a job in RI was 3,998.
*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.
|
|
|
|
