Rhode Island’s unemployment dipped slightly in August, but the state’s recovery from the recession remains fragile, according to data released today by the Rhode Island Department of Labor and Training.
The unemployment rate ticked down to 5.6 percent, still above the national rate of 5.1 percent. And the state lost 800 jobs between July and August. In July, the Ocean State unemployment rate was 5.8 percent.RIPR's Scott MacKay on what the new unemployment numbers say about Rhode Island's post-Recession economy.
Rhode Island has consistently been slower to recover than our New England neighbors, including Connecticut, where the jobless rate stood at 5.3 percent, and Massachusetts, which has an unemployment rate of 4.7 percent.
Gov. Gina Raimondo acknowledged the mixed news of the latest report. "The drop in unemployment is encouraging but we are still lagging the rest of our country and have to remain laser-focused on growing our economy,’’ she said in a statement.
Raimondo lamented the decline in construction and building trades jobs. "Construction jobs are down 1,300 from last August. That’s the biggest over-the-year drop among all employment sectors. And we haven’t recovered all of the middle-and high wage jobs that were lost in the recession.’’
Raimondo will be the guest on Rhode Island Public Radio's Political Roundtable. Tune in tomorrow morning for more of her views.