Unemployment Rate in Rhode Island
RIUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.80
Year-over-Year Change
9.09%
Date Range
1/1/1976 - 6/1/2025
Summary
The Unemployment Rate in Rhode Island is a key economic indicator that measures the percentage of the state's labor force that is jobless but actively seeking employment. This metric provides valuable insights into the overall health and performance of Rhode Island's labor market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Unemployment Rate in Rhode Island is a monthly statistic published by the U.S. Bureau of Labor Statistics. It represents the proportion of the civilian labor force in Rhode Island that is unemployed but actively looking for work. This data point is widely used by economists, policymakers, and businesses to assess the state's economic conditions and inform decision-making.
Methodology
The data is collected through household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The Unemployment Rate in Rhode Island is closely monitored by the Federal Reserve and other government agencies to gauge the effectiveness of economic policies and guide future interventions.
Key Facts
- Rhode Island's unemployment rate was 5.7% as of the latest data.
- The state's unemployment rate has decreased by 2.3 percentage points over the past year.
- Rhode Island's unemployment rate is currently higher than the national average.
FAQs
Q: What does this economic trend measure?
A: The Unemployment Rate in Rhode Island measures the percentage of the state's civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The Unemployment Rate in Rhode Island is a crucial indicator of the state's economic performance and labor market conditions, which is closely monitored by policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Unemployment Rate in Rhode Island is used by the Federal Reserve and other government agencies to assess the effectiveness of economic policies and guide future interventions to support the state's labor market.
Q: Are there update delays or limitations?
A: The Unemployment Rate in Rhode Island is published monthly, with a short delay, and represents the most recent data available from the Bureau of Labor Statistics.
Related Trends
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Poverty Tax Exemptions Under Age 65 for Rhode Island
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All Employees: Durable Goods: Jewelry and Silverware Manufacturing in Rhode Island
SMU44000003133991001A
Gross Domestic Product: Other Services (Except Government and Government Enterprises) (81) in Rhode Island
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RIELCEQAPMANNGSP
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RITRANGRNDTRANRGSP
Citation
U.S. Federal Reserve, Unemployment Rate in Rhode Island (RIUR), retrieved from FRED.