Workforce
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Rhode Island’s defense industry contributed $3.75 billion to the state’s economy in 2013 and supported as many as 33,806 jobs statewide, according to a report released Tuesday by the R.I. Defense Economy Planning Commission. The defense economy generated $1.93 billion in income for Rhode Island households last year as well as $106 million in tax revenue for the state. more
Job openings rose in May to the highest level in almost seven years, a sign the U.S labor market will help boost economic growth in the second half of this year. more
A $701,363 federal grant received by the R.I. Department of Labor and Training will enable the state agency to expand its career services programs to the unemployed. more
Employers added more workers than projected in June and the unemployment rate fell to an almost six-year low of 6.1 percent, underscoring a brighter U.S. labor market that will help spur the economy. more
Payrolls at U.S. companies climbed in June by the most since November 2012, a sign the job market is strengthening as demand picks up. more
After three consecutive months of declines, the unemployment rate for the Providence-Fall River-Warwick metro area climbed slightly in May to 8 percent nonseasonally adjusted, compared with 7.8 percent a month earlier, the U.S. Bureau of Labor Statistics reported Tuesday. more
Companies in the Providence-Fall River-Warwick metro area added 800 jobs year over year in May, an increase of 4 percent compared with May 2013, landing the region at No. 134 among the 339 U.S. metro areas in terms of year-over-year net employment gain. more
After analyzing tax data from 32,000 businesses, the R.I. Department of Labor and Training announced Thursday that there were 1,800 more Rhode Island-based jobs in the first quarter than originally estimated. more
One in three Massachusetts manufacturers report difficulty hiring production workers, according to a survey of 1,350 manufacturing firms conducted by the University of Massachusetts Dartmouth for the Massachusetts Advanced Manufacturing Collaborative. more
Rhode Island added 1,100 construction jobs between May 2013 and May 2014, an increase of 6.8 percent that ranked the state 12th in the country for highest percentage of construction jobs gained year over year, the Associated General Contractors of America reported. more
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