Updated September 3 at 7:03pm
Workforce
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The New England jobless rate was 5.3 percent in February, a full percentage point less than in February 2014, and two-tenths of a percentage point less than the national rate of 5.5 percent, according to the U.S. Bureau of Labor Statistics. more
An increase in June payrolls followed smaller gains in the prior two months, and wages were little changed as U.S. job market reflected a more moderate pace of economic growth. more
Jobless rates were lower in February in 366 of the 387 metropolitan areas in the country, including in the Providence-Warwick metropolitan area, which saw its rate decline 2 percentage points year over year to 7 percent, according to the federal Bureau of Labor Statistics. more
Manufacturing employment in Rhode Island rose 1.5 percent in 2014, a contrast to losses suffered by most of New England and the Northeast, according to the 2015 Rhode Island Manufacturers Register published by Manufacturers’ News Inc. more
If there was a theme to Providence Business News’ Manufacturing Awards program Thursday at Bryant University’s Bello Center, it was that teamwork helps an enterprise function at a level much greater than the sum of its parts. more
Employers in March added the fewest workers since December 2013 and the jobless rate held at 5.5 percent as companies sought to bring U.S. headcounts in line with an economy that throttled back at the start of the year. more
Small companies in the U.S. see wages continuing to grow in coming months after a net 25 percent said they recently boosted worker compensation. more
Construction employment increased in 278 metropolitan areas, including the Providence-Fall-River-Warwick metropolitan area, in February, according to the Associated General Contractors of America. more
The fewest Americans in nine weeks filed applications for unemployment benefits, a sign of further strength in the labor market that will continue to support the U.S. expansion. more
A request for proposals has been issued for a third round of funding of up to $2.3 million for Workforce Innovation Grants to support partnerships between employers and education and training providers. more
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