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Rhode Island’s 9 percent unemployment rate again ranked as the highest in the country in February, and Rhode Island was the only state to post a jobless rate at or above 9 percent, the U.S. Bureau of Labor Statistics reported Friday. more
Rhode Island tied with Georgia at No. 33 in a recent WalletHub ranking of the 50 U.S. states and the District of Columbia, in which No. 1 represents the state least dependent on federal funding and federal government employment. more
The executives of the Pawtucket Red Sox, a local architect and the founders of Mixed Magic Theatre were honored Wednesday night at the Pawtucket Foundation’s 11th Annual Awards Celebration recognizing outstanding contributions to the quality of economic and community life in the city. more
On Friday, March 28, representatives from the Facebook Small Business Boost team will hold a free workshop in Providence, hosted by the Greater Providence Chamber of Commerce, to teach approximately 400 small-business owners how they can use Facebook to grow their companies. more
A new study by Arizona State University ranks Rhode Island 28th in the country for year-over-year job growth, based on an analysis of U.S. Bureau of Labor Statistics data. In terms of specific industries, Rhode Island made its best showing for manufacturing-job growth. more
Deepwater Wind LLC, the company building what may be the first offshore U.S. wind project, is seeking a contract from the Long Island Power Authority for a proposed $1 billion wind farm off the coast of New York. more
Howie Sneider, a welder, sculptor and public projects director for The Steel Yard, has been named executive director to lead the nonprofit as it embarks on plans to expand. more
Rhode Island single-family home sales fell 5 percent in February compared with the same period last year, the Rhode Island Association of Realtors said Thursday. more
The U.S. economy grew more rapidly in the fourth quarter than previously estimated as consumer spending climbed by the most in three years, showing the expansion had momentum heading into this year’s harsh winter. more
Bank of America Corp. agreed to a $9.5 billion settlement over claims tied to faulty mortgages and boosted its dividend for the first time since 2007, the latest steps to put the financial crisis behind the firm. more
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