Personnel
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Alison M. Medeiros has been named assistant vice president, branch manager of the North Kingstown branch of Washington Trust, where she will be responsible for managing daily branch operations and growing the branch’s deposit base and loan portfolio. more
Jennifer Dureault has been promoted to branch manager of the Buttonwoods location at Bank Rhode Island, where she will be responsible for overseeing all aspects of the office’s daily operations. more
Michael Guilmet has been named vice president at New England Construction, where he will lead the strategic business-development effort in the Boston Market. more
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
Rhode Island’s unemployment rate dipped slightly to 9 percent in November from 9.2 percent in October, and dropped a whole percentage point compared with last November’s figure of 10 percent, according to statistics released Thursday by the R.I. Department of Labor and Training. more
Federal Reserve Bank of Boston President Eric Rosengren said the central bank should act to bring down “stubbornly, and unacceptably, high” joblessness that’s been stuck near 9 percent or above since April 2009. more
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