Updated May 22 at 5:40pm
Workforce
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The Rhode Island unemployment rate has dropped to 7.9 percent in June, its lowest level since July of 2008, according to the R.I. Department of Labor and Training. Nationally, however, the Rhode Island unemployment rate remains 1.8 percent higher than the U.S. average of 6.1 percent for June. more
Rhode Island’s unemployment rate declined again in July to 7.7 percent, a slight drop compared with June but down almost 2 percentage points year over year, according to the R.I. Department of Labor and Training. more
Gov. Lincoln D. Chafee and R.I. Department of Labor and Training Director Charles J. Fogarty are scheduled to announce on Monday afternoon that funds that the state borrowed to cover unemployment insurance benefit payments will be paid back six months early. more
Rhode Island was among 42 states that had statistically significant jobless-rate decreases in February year over year, falling to 6.3 percent from 8.4 percent. more
Private-industry employer costs for employee compensation in New England averaged $34.80 per hour in June, rising 40 cents in a six-month period, according to a quarterly U.S. Bureau of Labor Statistics report released Friday. more
Professors at Brown University make the most in Rhode Island, while those at the New England Institute of Technology make the least, according to a 2013 salary study by the Chronicle of Higher Education. But on average, male professors made 19.4 percent more in compensation than their female Ocean State colleagues. more
A workforce poll found that many businesses across the country score poorly on being prepared for severe winter weather. more
(Updated 4:10 p.m.) Rhode Island’s seasonally adjusted unemployment rate dropped again to 6.3 percent in February, its lowest level in eight years, the R.I. Department of Labor and Training reported Thursday. more
The R.I. Department of Labor and Training has recovered more than $4.6 million so far this calendar year from individuals or employers trying to “game the system,” Director Charles J. Fogarty said in a department email newsletter. more
(Updated 4:19 p.m.) Rhode Island’s seasonally adjusted unemployment rate dipped to 6.3 percent for March, a one-tenth of a percentage point drop from a revised 6.4 percent in February, the state Department of Labor and Training reported Thursday. more
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