Unemployment rates continue to drop in RI, Mass.

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PROVIDENCE, R.I. (WPRI/AP) — The Rhode Island Dept. of Labor and Training said Thursday that the state’s unemployment rate has dropped below 6 percent.

According to a news release from the department, 3,400 jobs were added during May — pushing the seasonally adjusted unemployment rate down two-tenths of a percentage point. In April 2015, the rate was 6.1 percent.

Rhode Island’s 5.9 percent unemployment rate in May is the lowest since November 2007.The number of employed Rhode Island residents climbed from 530,000 in April to 523,400 in May.

Gov. Gina Raimondo released the following statement Thursday:

“Although it is encouraging to see Rhode Island’s unemployment rate fall below six percent, there are still far too many families struggling. It’s particularly concerning that we are not seeing more growth in the construction industry, especially as we move into the warmer weather when work should be picking up significantly. That’s why it is critical we move quickly to put people back to work repairing our roads and bridges and strengthening our economy in the process.

In Massachusetts, the state labor office said jobs were gained for a ninth consecutive month in May, and the unemployment rate dropped slightly to 4.6 percent.Preliminary estimates from the federal Bureau of Labor Statistics show the state picked up 7,400 jobs last month. The bureau also issued an upward revision of jobs growth in April, from the earlier estimate of 10,100 to 11,200 jobs.The overall unemployment rate of 4.6 percent was a drop of one-tenth of a percentage point from April’s rate of 4.7 percent. The May rate was the lowest since December 2007.The national unemployment rate was 5.5 percent last month. Massachusetts’ rate fell 1.2 percent over the previous year, from 5.8 percent in May 2014.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Providence

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