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Rhode Island’s unemployment rate may be the highest in the nation at 8.3 percent, but a lesser-known metric ranks the state sixth highest – and lends insight into the state’s condition, local economists say. more
Alex and Ani LLC will cut nine jobs from its Seven Swords Media unit as it prepares to turn over much of its marketing work to an external advertising agency. The jewelry manufacturer said earlier this week it had selected MODCo Group of New York as its advertising agency of record following a search that was completed in April. more
Red Stripe, the East Side brasserie restaurant, announced plans on Wednesday to open a second location at 455 Main St. in East Greenwich. more
Former Mayor Vincent A. “Buddy” Cianci Jr. said Wednesday he will run for the city’s top office again, this time as an independent. more
Unemployment in Rhode Island slid one-tenth of a percentage point in May to a seasonally adjusted 8.2 percent, down from 8.3 percent in April, the R.I. Department of Labor and Training reported Thursday. Last month also represented the first time since April 2013 that the state’s civilian labor force improved on both a month-over-month and year-over-year basis. more
Vice president at Cross Insurance talks about how health care providers are managing their own risks when it comes to malpractice claims. more
The Rhode Island Center for Freedom & Prosperity on Thursday released its 2014 Report Card on Rhode Island Competitiveness, in which the Ocean State scored a “D” or “F” in nearly 80 percent of the measures analyzed to evaluate the state’s regional and natural economic competitiveness. more
The Rhode Island unemployment rate has dropped to 7.9 percent in June, its lowest level since July of 2008, according to the R.I. Department of Labor and Training. Nationally, however, the Rhode Island unemployment rate remains 1.8 percent higher than the U.S. average of 6.1 percent for June. more
Although the R.I. Department of Labor and Training is more commonly known for delivering unemployment benefits than placing people in jobs, expanded and continuing programming targeted to help people find work – along with two policy changes – are expected to help move those who are without a job off the unemployment rolls sooner, Director Charles J. Fogarty said. more
Construction employment in the Providence-Fall River-Warwick metro area grew 5 percent year over year last month, adding 1,100 jobs for a total of 22,200 in June, according to an Associated General Contractors of America report. more
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