In December 2006, Rhode
Island’s total nonfarm employment level peaked at 496,400.
Nearly three years later in August 2009, nonfarm employment
decreased by 39,600 to 456,800, an eight percent decrease.
Private sector employment declined by 8.4 percent or 36,100 jobs
during this period, while government sector employment fell by
3,500 (-5.4%). Between December 2006 and August 2009, local
government employment decreased by 2,400 (-6.4%), followed by
state government (-1,500), while the federal government added
By December 2012,
Rhode Island recovered a quarter of the jobs lost between the
peak and trough as nonfarm employment averaged 466,800, an
increase of 10,000 since the low employment level of 456,800.
The private sector regained 32.1 percent or 11,600 of the lost
jobs since the trough, while government employment continued to
report additional losses. The public sector lost an additional
1,600 jobs since August 2009, as the local and federal
government branch’s shed 1,600 and 100 jobs, respectively.
State government reported a modest increase since the trough,
adding 100 jobs.
In December 2012,
the Rhode Island economy was down 6.0 percent or 29,600 jobs
since the peak employment level of 496,400 in December 2006.
Private sector employment decreased by 24,500 (-5.7%) while
Government employment was down by 5,100 or 7.9 percent. Overall,
local government lost 4,000 (-10.7%) employees between December
2006 and December 2012 while state government lost 1,400
employees (-8.0%). Federal government grew by 300 (+3.0%) during
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