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Rhode Island’s November unemployment rate of 9 percent remained the highest in New England and tied with Nevada for the highest unemployment rate in the country, the U.S. Bureau of Labor Statistics reported Friday. more
Costs paid by Rhode Island employers toward employee health plans in 2013 were higher than costs paid by employers in neighboring states, according to a recent survey conducted by USI Insurance Services. more
South County Hospital has launched a pharmacy-residency program, the first of its kind in Rhode Island. more
Imagine a company that allows its employees to take nothing in salary this year in exchange for promissory notes to pay them twice as much in 10 years. Although there would be no immediate cash outlay, the company would still be required to accrue expenses reflecting the promises. more
Rhode Island’s nursing labor expenses on a per patient, per day basis increased by nearly 13 percent, or approximately $27 million, during the period from 2009 to 2012, according to a recent report by consulting firm Blum Shapiro. more
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose 1.1 percent in November to 124.8 from 123.5 in October. more
Before the Great Recession took hold in 2009, a group known here as Professional Women in Building had 20 members. By 2012, that number had plummeted to seven. more
Bank of America Corp.’s $8.5 billion settlement with mortgage-bond investors will be delayed almost two weeks after American International Group Inc. and other objectors asked a judge for a hearing to address loan modifications excluded from the accord. more
Rhode Island’s average unemployment rate for 2013 was 9.5 percent, according to revised data released by the R.I. Department of Labor and Training on Thursday. The yearly average came in eight-tenths of a percentage point lower than 2012’s average of 10.3 percent. more
(Updated, 5:30 p.m.) Fifty retired state employees and public school teachers have filed a lawsuit against the state of Rhode Island, objecting to their inclusion in the proposed class-action settlement of the state pension reform lawsuits. more
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