States · Rhode Island

Rhode Island Economy — Live Data

The Rhode Island economy — anchored by healthcare, marine trades, and manufacturing — currently shows unemployment at 4.3%, above the national rate of 4.2%. This dashboard tracks the state's labor market, housing, and income data as it updates.

Unemployment Rate
4.3%
▲ Above US average (4.2%)
Nonfarm Jobs
514K
▼ -0.8% jobs YoY
House Prices (YoY)
+4.5%
▲ Rising
Per-Capita Income
$74K
▲ +4.6% vs prior year
Rhode Island vs. United States — Unemployment
Rhode Island
4.3%
United States
4.2%

Rhode Island is running above the national unemployment rate. At 4.3% vs 4.2% nationally, local job seekers face a somewhat tougher market than the US average.

Jobs & Output
Nonfarm payrolls
514K
Job growth (YoY)
-0.8%
Real GDP (2025)
$64B
GDP growth (YoY)
+1.1%

Payrolls are monthly (BLS); GDP and income are annual (BEA). Key sectors in Rhode Island: healthcare, marine trades, and manufacturing.

What this means if you live or work in Rhode Island
💼
Job market
With unemployment at or above the national average, hiring in Rhode Island is more employer-friendly — job seekers should expect more competition per opening.
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Housing
House prices are rising moderately (+4.5% YoY) — a balanced market by recent standards.
💵
Income
Per-capita personal income in Rhode Island is $73,992, up 4.6% from the prior year. Compare against national inflation to gauge real purchasing power.
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Key industries
Rhode Island's economy leans on healthcare, marine trades, and manufacturing — sector-specific national trends (energy prices, rates, consumer spending) hit this state through those channels first.
Key Numbers — Rhode Island
Unemployment4.3%
US unemployment4.2%
Nonfarm jobs514K
House prices YoY+4.5%
Per-capita income$73,992
Real GDP$64B
Labor data as ofMay 2026
Nearby States
Massachusetts economy → Connecticut economy → New York economy → New Hampshire economy → All 50 states →
National Data
US labor market → US housing data → US inflation → Full dashboard →

Data: FRED (Federal Reserve Bank of St. Louis) — series RIUR, RINA, RISTHPI, RIPCPI, RIRGSP — plus BLS and BEA. Live values load on page open; figures shown are the most recent official releases. Not financial advice.