Workforce
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(Updated, 7:19 p.m.) Former Red Sox pitcher Curt Schilling's video game company has laid off its entire staff in the wake of financial difficulties, according to multiple media reports. more
Rhode Island was ranked the worst state for business in the U.S. for the second year in a row on CNBC’s America’s Top State for Business 2012 report. more
In order to turn around the economy, Rhode Island must reduce the overall cost of doing business, change public perception about the unfriendliness of its business climate and face the mismatch of talent with job needs, according to a report from the New England Economic Partnership. more
Rhode Island and California posted preliminary, seasonally adjusted unemployment rates of 9.8 percent in January, the highest in the nation and significantly higher than the U.S. figure of 7.9 percent. more
Small businesses in Rhode Island represent 95.9 percent of all employers and employ 55.4 percent of the state’s private sector workforce, according to a report from the U.S. Small Business Administration. more
Rhode Island’s unemployment rate fell to 9.1 percent in March, the lowest unemployment rate for the Ocean State since November 2008, the R.I. Department of Labor and Training announced Thursday. more
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
The temporary reauthorization of the state’s Historic Preservation Investment Tax Credit could stimulate the economy and foster job creation and development, according to a R.I. Public Expenditure Council report released Thursday. more
Phasing out Rhode Island’s sales tax could create more than 21,000 new jobs, according to a new report by the R.I. Center for Freedom and Prosperity. more
Rhode Island no longer qualifies for the State Extended Benefits unemployment insurance program, the U.S. Department of Labor told the R.I. Department of Labor and Training on Monday. more
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