Pennsylvania's unemployment rate reaches lowest point in 10 years

PROVIDENCE, R.I. (AP) — Rhode Island's unemployment rate in October remained at 4.2 percent, unchanged from the previous month.

The New England unemployment rate averaged 3.8 percent. The October rate also remained well below the US rate, which dipped slightly to 4.1 percent for the month.

The statewide jobless rate also saw a slight increase in October to 2.7 percent.

And it's three-tenths of a percent better than that rate of 4.1 percent, which was the lowest in nearly 17 years.

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"The low unemployment rate and job gains are indicators of the ongoing strength of the economy in MA".

Around the state, Maui County's unemployment rate edged to 2 percent, down from 2.6 percent in September while Kauai County rate dropped to 1.8 percent, down from 2.3 percent in September.

The jobless rate fell to 4.8% last month from 5.1% in September.

Across the state, job gains were recorded in the leisure and hospitality industry (1,000), construction (800) and information (200). The largest supersector movement in October was an increase of 6,000 professional & business services jobs, while the largest drop was a 4,900 decline in trade, transportation & utilities.

(Copyright © 2015. All Rights Reserved.)
 
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