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(Updated, 5:12 p.m.) Rhode Island’s unemployment rate dropped to 8.3 percent in April from 8.7 in March, according to seasonally adjusted data provided by the R.I. Department of Labor and Training. The U.S. unemployment rate dipped to 6.3 percent in April from 6.7 percent in March. 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
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
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
Employers in the U.S. added more than 200,000 jobs for the sixth straight month in July, showing the world’s largest economy is making strides toward sustaining faster growth entering the sixth year of expansion. The jobless rate rose as growing confidence prompted more Americans to look for work. more
Local teen Nicholas Lowinger has been selected as one of 10 winners from across the country of the Kohl’s Cares Scholarship Program, which awards $10,000 each to youth who have spearheaded volunteer initiatives, Kohl's Department Stores announced Wednesday. more
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