RI jobless rate ticks down to 9.2 percent

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News,Business,Jobs,Rhode Island,Unemployment

PROVIDENCE, R.I. (AP) — Rhode Island's unemployment rate ticked down in January to 9.2 percent, and the number of jobs was up sizably.

The state Department of Labor and Training said Thursday the January jobless rate was down one-tenth of 1 point from December and is the lowest since November 2008.

The number of Rhode Island jobs was up 3,800 from revised December figures to 475,000.

The number of unemployed residents was down 500 from revised figures, to 50,600, the lowest level since October 2008.

The size of the labor force was up 200 to 550,300 in January, but down 9,700 from a year ago.

Gov. Lincoln Chafee has said the economic recovery has been frustratingly slow but he cites progress. Rhode Island's December jobless rate was the country's highest.

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