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Unemployed burn as Fed fiddles on natural rate debate
Federal Reserve officials and economic advisers are debating far-reaching differences on whether to accept a jobless rate that doesn’t fall much below 6.5 percent or act more more aggressively to reduce it to 5 percent or less. more
38 Studios employees attend job fair
Several 38 Studios employees attended a Providence recruiting event by video game-creator Turbine Inc., according to WPRI-TV CBS 12. more
| 5/23/12
Layoffs fall 1% in April
In April, 2,081 Rhode Island workers were laid off, according to data released Tuesday by the U.S. Bureau of Labor Statistics. more
| 5/22/12
Jobless rate little changed across New England
New England’s unemployment rate remained essentially unchanged in April, dropping to 6.9 percent compared with 7 percent in March, the U.S. Bureau of Labor and Statistics announced Friday. more
| 5/18/12
Rosengren says Fed should act to bring down unemployment rate
Federal Reserve Bank of Boston President Eric Rosengren said the central bank should act to bring down “stubbornly, and unacceptably, high” joblessness that’s been stuck near 9 percent or above since April 2009. more
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