Updated March 28 at 10:39am

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opinion

Has your company cut personnel within the last three months?

Posted:
Yes 55% | 60 votes
No 45% | 49 votes

Rhode Island lost 22,000 jobs in 2008 as the state's unemployment rate rose to 10 percent, second in the nation to Michigan.

In December alone the state lost 3,000 jobs, leaving the Ocean State with its highest unemployment rate using the current methodology since November 1982.

As companies try to guess how far down the recession will drive the state's economy, many enterprises are being faced with difficult choices for controlling expenses.

The big question for many of the state's employers is how many of their staff are they going to be forced to let go before the economy turns around.

unemployment rate, 10 percent unemployment, job losses

Comments

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jvan@logicomm-inc.com

We've had the good fortune to have had a slight increase in business over the last six months (we provide tech services to small and micro businesses), and, speaking as a partner, aside from our clients, I feel our employees are our most important asset, and they know this.

I'd rather take a cut in my own package than lay off one of our people..they're all great at what they do...

Jim Van

Logicomm, Inc.

http://www.logicomm-inc.com

Thursday, February 19, 2009 | Report this
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