Unemployment in RI rises to 12.7 percent for July
The unemployment rate in Rhode Island rose to 12.7 percent in July even as the national jobless rate declined.
A state survey released Friday showed that unemployment in Rhode Island crept up 0.3 of a percentage points since June. Meanwhile, the national jobless rate dropped from 9.5 percent to 9.4 percent.
Rhode Island's unemployment rate has recently outpaced all other states except Michigan, which posted a 15 percent unemployment rate in July.
About 17,500 jobs have been lost in Rhode Island compared to the same period a year earlier, a 4 percent decrease. Roughly 72,900 residents are now looking for work.
The state gained 900 jobs since June, mostly in the ailing manufacturing and construction sectors.