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June 26, 2008

R.I. unemployment rate 2nd highest in country

Rhode Island last month posted the second-highest unemployment rate in the country, after Michigan, according to a report out today by the U.S. Bureau of Labor Statistics.

Rhode Island's unemployment rate last month was 7.2 percent; Michigan's rate was 8.5 percent.

Rhode Island’s unemployment rate in May was at its highest since January 1994.

The New England unemployment rate rose 0.6 percentage point over the month to 5.1 percent, its highest rate since March 2004.

New Hampshire recorded the lowest unemployment rate in New England at 4.0 percent.
Massachusetts posted a jobless rate last month of 4.9 percent, followed by Connecticut and Maine, both at 5.4 percent.

Posted by Lynn Arditi  at 12:17 PM | Permalink

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Posted by: rachel at June 28, 2008 12:58 PM

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