New England Jobless Rate 7.2 Percent In 2012
PROVIDENCE, R.I. (AP) â¿¿ The average unemployment rate in New England last year was considerably lower than the national rate for the fifth consecutive year.
The New England Information Office of the U.S. Bureau of Labor Statistics said Tuesday that the average jobless rate in the six-state region was 7.2 percent in 2012. Nationally, it was 8.1 percent.
All of the New England states except Rhode Island and Connecticut had an average rate considerably lower than the U.S. rate. Vermont's was 5 percent; New Hampshire's was 5.5 percent; Massachusetts' was 6.7 percent; and Maine's was 7.3 percent.
Rhode Island's average was 10.4 percent, the third highest in the country. Connecticut's was 8.4 percent.The New England rate in 2011 was 7.8 percent.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts