Updated March 5 at 5:05pm
Economic Indicators
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When it comes to pay, the place for teachers to be is Rhode Island, according to data from the U.S. Bureau of Labor Statistics and Bureau of Economic Analysis compiled by Rasmussen College. more
The seasonally adjusted unemployment rate in Rhode Island dropped to 8.7 percent in March, according to statistics released Thursday by the R.I. Department of Labor and Training. Still higher than the national unemployment rate of 6.7 percent for March, the Rhode Island figure is the lowest unemployment rate since September 2008, the DLT said in a release. more
(Updated, 3:44 p.m.) The state Public Utilities Commission on Tuesday unanimously approved a proposed electricity rate increase, which will be divvied up as a monthly rate hike throughout the year for residential customers, while a 10 percent deferral is slated for commercial customers. more
Fewer Americans than forecast filed applications for unemployment benefits last week, a sign the labor market continues to gain traction. more
An index of Rhode Island’s leading economic indicators increased 0.6 percent in August over July to 128.3. more
Royal Bank of Scotland Group Plc plans to remove its U.S. unit Citizens Financial Group Inc. from its balance sheet this year in one or two more share sales. more
(Updated, 5:12 p.m.) Rhode Island’s unemployment rate dropped to 8.3 percent in April from 8.7 in March, according to seasonally adjusted data provided by the R.I. Department of Labor and Training. The U.S. unemployment rate dipped to 6.3 percent in April from 6.7 percent in March. more
Rhode Island’s unemployment rate remained the highest of all New England states in November, but also experienced the greatest percentage point decline over the year. more
(Updated 8:49 a.m. to reflect corrected U.S. Airways numbers)January passenger traffic increased at T.F. Green Airport for the first time in three years, with passenger counts at nearly 2 percent more than January 2014’s figures. more
Rhode Island ranks among the worst states for entrepreneurs according to the Small Business & Entrepreneurship Council. more
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