Workforce
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An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose six-tenths of a percent in January to 126.3 from 125.5 in December. more
Some people think “soft skills” such as showing up on time and being able to communicate well with co-workers are just common sense. more
U.S. stocks fell, after the Standard & Poor’s 500 Index climbed to a record close last week, as investors assessed the strength of the economy and developments in Ukraine. more
Rhode Island’s seasonally adjusted unemployment rate fell to 9 percent in February, according to the latest monthly report from the R.I. Department of Labor and Training. Nationally, the U.S. unemployment rate rose one-tenth of a percentage point to 6.7 percent. more
BOSTON – Gov. Deval L. Patrick last week announced that Massachusetts has been awarded an $11.67 million grant from the U.S. Department of Labor that will expand the state’s Social Innovation Financing juvenile-justice project by providing additional success payments tied to increases in employment and reductions in recidivism. more
Companies added fewer workers than projected in February, a sign that U.S. employers were waiting for a pickup in demand before boosting headcount, a private report based on payrolls showed today. more
Rhode Island nursing home labor costs rose 13 percent from 2009 to 2012, according to a recent report, as the cost of skilled care for the oldest residents keeps rising. more
U.S. senators reached an agreement that would restore benefits for the long-term unemployed that expired late last year and that the Obama administration has sought to revive. more
Private-industry employer costs for employee compensation in New England inched downward in December, dropping 8 cents per hour to an average of $34.40 per hour, but remained the highest in the U.S., according to a quarterly U.S. Bureau of Labor Statistics report issued Wednesday. more
Bank of America Corp. is cutting jobs today across co-Chief Operating Officer Thomas Montag’s global trading and investment banking divisions, according to three people with direct knowledge of the decision. more
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