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Private Covered Employers Size Class by Industry
March 2013
Download (xls)(pdf)

The Rhode Island economy is characterized by a large number of small companies employing a small number of workers. In March 2013, there were 32,069 private businesses in the state employing 384,865 workers. Nearly half the employers (49.5%) in the state have between one and four employees; however, they employ just 7.8 percent of the workforce. The largest employers, those with 1,000 or more employees, numbered 29 (0.1%) and employed 16.9 percent of Rhode Island ’s private sector workforce.


Smaller employers, those with less than 20 employees, represented 90.2 percent of all employers in the state and employed one quarter (25.0%) of the workforce.  

Mid-sized companies (20 to 99 workers) employed 27.1percent of the private sector employment and accounted for 8.1 percent of the firms.  

There are just 556 (1.7%) firms in the state employing 100 or more workers. Together, these firms employee nearly half (47.9%) of the state’s private sector employees.  

The state’s largest firms (1,000 or more employees) are found in the Health Care & Social Assistance (7), Private Education (5), Finance & Insurance (5), Retail Trade (5), Manufacturing (2), Management of Companies & Enterprises (2), Transportation & Warehousing (1), Information (1), and Administrative & Waste Services (1).

Private Sector Employment
March 2013
Size
Class
Employers Employment
Number Percent Number Percent
Total: 32,069 100.0% 384,865 100.0%
Zero 5,822 18.2% 0 0.0%
1-4 15,860 49.5% 29,980 7.8%
5-9 4,500 14.0% 29,572 7.7%
10-19 2,732 8.5% 36,716 9.5%
20-49 1,944 6.1% 59,059 15.3%
50-99 655 2.0% 45,366 11.8%
100-249 383 1.2% 57,924 15.1%
250-499 99 0.3% 32,736 8.5%
500-999 45 0.1% 32,461 8.4%
1000+ 29 0.1% 61,051 15.9%


It is important to note that changes in size class data are influenced by the switching of employers from one size class to another as well as by new firms coming into the state.

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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
11/25/13 MDF
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