- Associated Press - Thursday, March 26, 2015

PROVIDENCE, R.I. (AP) - The unemployment rate in Rhode Island in February dropped to 6.3 percent, the lowest rate in more than seven years.

Rhode Island has had one of the worst unemployment rates in the nation for years.

The state Department of Labor and Training said Thursday that the unemployment rate fell two-tenths of a percentage point since January and 2.1 percentage points since February 2014.

But the number of jobs decreased by 2,700, to 479,000 compared with the January estimate. The labor force stood at 549,600, an increase of 600 from the previous month.

The unemployment rate has not been this low in Rhode Island since January 2008.

The national unemployment rate in February stood at 5.5 percent, eight-tenths of a percentage point lower than in Rhode Island.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide