Economic Indicators
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A new study by Arizona State University ranks Rhode Island 28th in the country for year-over-year job growth, based on an analysis of U.S. Bureau of Labor Statistics data. In terms of specific industries, Rhode Island made its best showing for manufacturing-job growth. 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 third quarter of 2013 than originally estimated. more
Companies boosted payrolls in November by the most in a year, a sign that U.S. employers were optimistic about demand after the end of a government shutdown a month earlier, a private report based on payrolls showed Wednesday. more
Fewer Americans filed applications for unemployment benefits last week as a backlog in California’s reporting cleared. more
Mortgage rates in the U.S. were little changed as lenders absorbed news that the Federal Reserve plans to taper bond purchases that have helped support the real estate market. more
The average per capita debt for Rhode Island’s cities and towns is $1,673, with the highest per capita debt in Providence at $7,366 per person, according to an analysis of local debt data conducted by WPRI-TV CBS 12’s Target 12 team. more
The unemployment rate in the Providence-Fall River-Warwick metro area rose to 9.2 percent in December, non-seasonally adjusted, from 8.6 percent a month earlier, as the size of the labor force shrank five-tenths of a percent to 687,600 from 698,300, according to a U.S. Bureau of Labor Statistics report released Wednesday. more
U.S. stock-index futures gained, indicating the Standard & Poor’s 500 Index will extend its record, as Iran agreed to limit its nuclear program. more
The jobless rate dropped to a five-year low of 7 percent in November as American employers added more workers than forecast, showing further progress in the labor market that will provide a spark for the world’s largest economy. more
Applications for unemployment benefits in the U.S. declined to the lowest level in almost two months, showing further healing in the labor market. more
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