In a Real World, Unemployment Going Up

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My employment post on the RI Center for Freedom & Prosperity’s Web site,┬ácomplementing the one I posted here on Monday, cuts the data a little differently, as usual. ┬áThe notable addition is the final chart, which shows what the unemployment rate would be if Rhode Island hadn’t been letting so many workers slip out of its labor force since the recession began in 2007.

As you can see, as of October, our unemployment rate would be going up, if folks weren’t still giving up their searches.

Specifically, far from being 5.3%, Rhode Island’s unemployment rate would never have been below 8% and would now be back up to 8.2%.



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