Providence Local News

 

New Analysis shows stronger RI Job Growth

New Analysis shows stronger RI Job Growth

PROVIDENCE, R.I. (AP) — A new analysis of state tax data shows Rhode Island created more jobs at the end of the first quarter than originally reported.

The state Department of Labor and Training said Monday the data indicate the state created 1,700 more jobs than estimated in March. The number of Rhode Island-based jobs that month was 468,600.

The new estimate is based on an analysis of tax data from 32,000 private-sector businesses. The earlier estimate was based upon a sample of 1,700 employers.

The department says the construction and accommodation and food services sectors showed significantly improved performances. Sectors that were revised downward included financial activities and educational services.

Rhode Island's unemployment rate of 8.9 percent is the fourth highest in the U.S.

 

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