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RI Unemployment Rate Holds Steady at 5.4 Percent

Published
Rhode Island’s seasonally adjusted unemployment rate was unchanged from February to March at 5.4 percent, according to the state Department of Labor and...

Rhode Island’s seasonally adjusted unemployment rate was unchanged from February to March at 5.4 percent, according to the state Department of Labor and Training. The national unemployment rate is at 5.0 percent and neighboring Massachusetts is at 4.4 percent.

Job growth is the Ocean State continues to be sluggish. The R.I. labor force totaled 552,800 in March, up 700 from the February figure but down 2,800 from March 2015.

Food services and accommodation added 900 jobs in March, which DLT said is ``partially due to preparation’’ for the NCAA regional basketball tournament held in Providence. Manufacturing jobs were also up in March, but there were minor job losses in five sectors: construction, educational services, government, mining and logging, and retail trade.  Employment in health care and social assistance was unchanged from a year ago.

RI's unemployment remained steady over the last month.
RI's unemployment remained steady over the last month.