PROVIDENCE, R.I. (AP) - The unemployment rate in Rhode Island in March dropped to 6.3 percent, the lowest it’s been in more than seven years.
Rhode Island has owned one of the worst unemployment rates in the nation for years.
The state Department of Labor and Training said Thursday the rate fell one-tenth of a percentage point from February and nine-tenths of a point since March 2014.
The number of jobs in March increased by 1,600, to a total of 480,000, from February. There were 34,600 unemployed Rhode Island residents in March, down 300 from the previous month.
The state’s unemployment rate has not been this low since January 2008.
The nation’s unemployment rate stood at 5.5 percent in March, eight-tenths of a point below Rhode Island.
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