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More Mixed Economic News For R.I.

Published
It’s the usual mixed bag of good news and not-so-good news as Rhode Island’s unemployment rate dipped one-tenth of a percentage point to 5.2 percent in...

  It’s the usual mixed bag of good news and not-so-good news as Rhode Island’s unemployment rate dipped one-tenth of a percentage point to 5.2 percent in November, down from 5.3 percent in October, according to data released by the state Department of Labor and Training.

Job gains came in several sectors, including restaurants and hotels, professional and business services,  arts, entertainment and recreation and educational services. But job losses still dog other sectors, including construction, government employment and information.

Manufacturing jobs were stagnant from October to November.

While Connecticut and Massachusetts both report regaining all of the jobs lost in the  recession, Rhode Island has yet to achieve that.

Over the past three months, R.I. has averaged a gain of 900 jobs. The Ocean State unemployment rate is still a bit over the national rate of 5.0 percent.

``Since January, the Rhode Island economy has added over 6,000 jobs. These numbers are encouraging, but we still have a long way to go to create high-wage, high-skill, family-supporting jobs,'' said Gov. Gina Raimondo in a statement.

More Mixed Economic News For R.I.
More Mixed Economic News For R.I.