Updated August 1 at 11:45am
Workforce
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The federal Bureau of Labor Statistics released an economic summary for the Providence area recently showing that while it may still have a jobless rate that is higher than the national average, occupations generally pay more. more
Rhode Island’s largest county – Providence – reported a 2.2 percent wage gain in the 2014 second quarter, ranking it No. 123 among the 339 largest counties in the country, according to the federal Bureau of Labor Statistics. more
Rhode Island’s leading economic indicator index increased in April to 131.3, one-tenth of a percentage point higher than in March, according to Providence Business News and e-forecasting.com. more
High-income workers may benefit more than low-income workers when taking advantage of the recently enacted temporary caregiver insurance program in Rhode Island, a new study has found. more
The New England jobless rate was 5.2 percent in March, 1 percentage point less than it was in March 2014, according to the federal Bureau of Labor Statistics. more
With the drop of Rhode Island’s unemployment rate in July to 7.7 percent, the state no longer claimed the highest jobless rate in the country for the first time since October, the U.S. Bureau of Labor Statistics reported Monday. more
The Providence-Fall River-Warwick metro area added 500 construction jobs in July when compared with July 2013, a 2.3 percent gain for a total of 22,400, according to non-seasonally adjusted figures published by the Associated General Contractors of America Wednesday. more
Rhode Island’s seasonally adjusted unemployment for April dropped to 6.1 percent, two-tenths of a percentage point lower than it was in March, according to data released Thursday by the R.I. Department of Labor and Training. more
Consumer confidence increased more than forecast in June as Americans grew more optimistic about the economy and the labor market. more
An improving job market is the driving force behind a rebound in American consumer confidence that will probably help propel faster economic growth in 2015. more
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