Updated February 8 at 6:24am
Workforce
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(Updated 3:32 p.m.) Rhode Island’s jobless rate fell to 5.6 percent in August, a two-tenths of a percentage point drop from July and 1.8 percentage point decline from August 2014, the state Department of Labor and Training reported on Thursday. more
Initial jobless claims in the U.S. declined last week to the lowest level in two months, highlighting a resilient labor market. more
Bryant University offers the most bang for your buck when it comes to earnings after attending for Rhode Island institutions of higher learning, according to the U.S. Department of Education’s College Scorecard. more
Nabsys Inc., a life sciences company that was trying to bring its genome-mapping products to market, closed recently, throwing approximately 40 people out of work. more
Among the 150 largest cities in the country, Providence ranks in the bottom half when it comes to how well it has recovered since the Great Recession ended six years ago. more
Rhode Island has received a $5 million American Apprenticeship Initiative Grant from the U.S. Department of Labor to improve worker training, and Gov. Gina M. Raimondo said it will help people get jobs and attract businesses to Rhode Island. more
Fewer Americans lined up last week to file for jobless benefits, highlighting the persistent strength of the labor market. more
Job openings in the U.S. surged to a record in July, a sign employment will keep climbing. more
Small companies in the U.S. see wage growth slowing in coming months after 23 percent said in August that they recently boosted worker compensation. more
Employers added 173,000 workers in August and the jobless rate dropped to 5.1 percent, a level that the Federal Reserve considers to be full employment. more
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