Updated May 30 at 3:30pm
Workforce
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Verizon Communications Inc. and its two unions reached an agreement in principle on a new labor contract, the U.S. Labor Department said Friday, paving the way for about 39,000 landline employees to return to work after a 44-day strike. more
The Ocean State had the second-highest seasonally adjusted unemployment rate in New England in April at 5.3 percent, behind only Connecticut at 5.7 percent, the state Department of Labor and Training said this week. more
Providence made U.S. News & World Report’s list of the “Best Places to Live” in the United States, coming in at No. 92. more
Rhode Island ranked 40th for 24.9 percent growth in women-owned business firms from 2007 to 2016, according to the sixth annual State of Women-Owned Businesses Report, commissioned by Amex OPEN. more
Rhode Island’s leading economic indicator increased last month to a reading of 133.1, boosted by a decrease in unemployment claims and an increase in building permits. more
Legislators on Wednesday approved a $38.1 billion state budget for fiscal 2016 which they said emphasizes economic growth, support for residents most in need and reform of the state’s transportation system. more
Twenty-three percent of Rhode Island’s population of 1 million lives in distressed zip codes, according to an interactive report released Thursday by the Economic Innovation Group, a Washington, D.C.-based nonprofit. more
Jobless rates were lower in March than a year earlier in 270 of the 387 metropolitan areas, including the Providence-Warwick metropolitan area, where it dropped to 6 percent from 6.9 percent. more
At 8 percent, Fall River had the highest jobless rate in December when compared with Cranston, Providence and Warwick, according to the federal Bureau of Labor Statistics. more
More than $554,000 in federal funding has been awarded to help disadvantaged students succeed at the Community College of Rhode Island. more
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