Unemployment in Rhode Island slid one-tenth of a percentage point in May to a seasonally adjusted 8.2 percent, down from 8.3 percent in April, the R.I. Department of Labor and Training reported Thursday. Last month also represented the first time since April 2013 that the state’s civilian labor force improved on both a month-over-month and year-over-year basis.
Fewer Americans are filing applications for unemployment benefits, consumer confidence is rising and manufacturing is picking up as the world’s largest economy shows additional signs of strengthening.
By Lorraine Woellert and Victoria Stilwell Bloomberg News
The average weekly wage in Providence County rose to $1,015 in the fourth quarter of 2013, a 2 percent increase over the same period the year earlier, the U.S. Bureau of Labor Statistics reported Thursday.
PROVIDENCE – The Senate this month passed legislation sponsored by Sen. V. Susan Sosnowski to exempt the Job Development Fund from indirect cost recovery on restricted-receipts accounts. That action will free more than $1.2 million annually for use in job-training and work-experience efforts.
In the middle of an internship at Swissline Precision Manufacturing Inc., Bill Johnson of Central Falls is learning not only about how to be a machinist, but how to pay attention to subtleties in the metals he works with there.
In its more than 25 years in business, Warwick-based Atrion Networking Corp. has learned the value of facilitating connections and collaboration for its clients. Those lessons have also served Atrion well when it comes to dealing with its most-prized asset: its staff.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.