Workforce
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Court-ordered settlement talks between the state and Rhode Island public employees and retirees over cuts in pension benefits have broken down, sending the dispute to trial, both parties in the case said Friday. more
An analysis of Rhode Island’s tax data, released Thursday by the R.I. Department of Labor and Training, showed more growth in the state’s private-sector employment during the fourth quarter of 2013 than originally estimated. After analyzing tax data from 32,000 businesses, the DLT now estimates the number of Rhode Island-based jobs for December to be 473,300 – 2,100 more than the original estimate of 471,200. more
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com fell in February for the first time since March 2013, dropping four-tenths of a percent to 124.9 from 125.4 in January. more
Construction employment in the Providence-Fall River-Warwick metro area increased 2 percent between February 2013 and February 2014, according to The Associated General Contractors of America monthly jobs report released Wednesday. more
The unemployment rate in the Providence-Fall River-Warwick metro area fell to 9.7 percent in February, non-seasonally adjusted, from 10.3 percent a month earlier, as the size of the labor force grew 0.6 percent to 691,000 from 686,600, according to a U.S. Bureau of Labor Statistics report released Wednesday. more
Job openings in the U.S. rose more than forecast in February to a six-year high as employers moved to boost hiring in response to rising consumer demand. more
The headline at first glance seems like a contradiction: Job gains cast shadow on recovery. But the story is a complex one. more
When finding a job is difficult – or seems nearly impossible – one option is to hire yourself by starting a business. more
At times it’s seemed like nothing can get Rhode Islanders back to work, even the creation of thousands of new in-state jobs. more
Employers in the U.S. boosted payrolls in March and the unemployment rate held at 6.7 percent even as more Americans entered the labor force, showing steady progress that will probably prompt Federal Reserve policy makers to continue reducing stimulus while keeping interest rates low. more
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