Updated May 29 at 2:29pm
Workforce
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New England retained its status as the census division with the third-lowest unemployment rate in the nation in July, at 5.8 percent, according to seasonally adjusted figures released by the U.S. Bureau of Labor Statistics Wednesday. more
(Updated 11:57 a.m.) ProvPort has released an economic impact study detailing economic and job creation benefits the port has generated since 1994, including nearly 1,200 jobs in the city of Providence and 1,700 jobs within the state of Rhode Island. more
The unemployment rate dropped to 7.4 percent in October, declining two percentage points compared with the year prior, according to the R.I. Department of Labor and Training. 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
General Dynamics Electric Boat is in a hiring surge to meet the requirements of U.S. Navy contracts and has already added more than 720 new employees at its Quonset Point facility since the beginning of the year, according to Jason Vlaun, the company’s human resources manager. more
Rhode Island’s defense industry contributed $3.75 billion to the state’s economy in 2013 and supported as many as 33,806 jobs statewide, according to a report released Tuesday by the R.I. Defense Economy Planning Commission. The defense economy generated $1.93 billion in income for Rhode Island households last year as well as $106 million in tax revenue for the state. more
Rhode Island was among 28 states that had statistically significant jobless rate declines year over year in April, according to the federal Bureau of Labor Statistics. more
The R.I. Department of Labor and Training will continue offering a program in collaboration with the Center for Women & Enterprise to help unemployed Rhode Islanders start their own businesses. more
Rhode Island’s unemployment rate dropped in December to 6.8 percent, the lowest rate for the state since March 2008, the R.I. Department of Labor and Training has reported. 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
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