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Rhode Island was ranked the worst state for business in the U.S. for the second year in a row on CNBC’s America’s Top State for Business 2012 report.
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By raising the state minimum wage from $7.40 to $7.75, the General Assembly will make it even more difficult for teenagers to find jobs, according to a new report from the Rhode Island Center for Freedom and Prosperity.
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Rhode Island has the highest percentage of “actively disengaged” workers in the United States, according to a report from Gallup.
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Ever-wary local fishermen welcome the Sept. 13 U.S. Department of Commerce declaration of the New England groundfish fishery as a national disaster, but they wonder if any federal money that follows to Rhode Island will get to those who need it before it’s too late.
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By Michael Souza |
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Exports from the Ocean State rose 9.1 percent in November to $195.9 million on a month-to-month, seasonally adjusted basis after rising 1.4 percent in October, according to an international trade statistics report from e-forecasting.com.
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Rhode Island’s unemployment rate fell to 9.1 percent in March, the lowest unemployment rate for the Ocean State since November 2008, the R.I. Department of Labor and Training announced Thursday.
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Rhode Island remains behind other states in New England when looking at major economic indicators such as growth of the gross state product and the unemployment rate. However, the state economy is slowly regaining momentum.
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Rhode Island received more than one failing grade in the 2012 Manufacturing and Logistics National Report from Ball State University’s Center for Business and Economic Research.
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By Emily Greenhalgh |
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The state’s unemployment rate dropped to 10.9 percent in June, according to the Rhode Island Department of Labor and Training.
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By Rebecca Keister |