The resurfacing of Route 138 in Tiverton, where the sign above is displayed, was among the projects the Carcieri administration noted in its first report on jobs in Rhode Island funded by the federal stimulus.
PROVIDENCE – Money from the federal stimulus law enacted in February has so far created or saved 1,703 jobs in Rhode Island, according to figures released by Gov. Donald L. Carcieri’s office.
The figure comes from a preliminary report the governor’s Office of Economic Recovery & Reinvestment sent to the Obama administration explaining how it has spent some of the roughly $1.1 billion in stimulus money that Rhode Island is expected to receive over the law’s two-year duration.
Recovery.gov, the Obama administration’s stimulus-tracking Web site, lists fewer than six full-time jobs created or saved by the federal government’s direct spending in Rhode Island – the lowest total in the country.
The figure of 1,703 stimulus jobs accounts for spending by the state of money provided by the federal government.
Rhode Island can use any jobs it can find. The state’s unemployment rate reached 13 percent in September, the highest level since records began in 1976, figures released Friday showed.
The Carcieri administration’s report covered 127 separate programs that received money in areas including health, education and energy. Complete information on the various projects is available at recovery.ri.gov.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.