Workforce
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The seasonally adjusted unemployment rate in Rhode Island dropped to 8.7 percent in March, according to statistics released Thursday by the R.I. Department of Labor and Training. Still higher than the national unemployment rate of 6.7 percent for March, the Rhode Island figure is the lowest unemployment rate since September 2008, the DLT said in a release. more
The Associated General Contractors of America reported Wednesday that most construction firms are having trouble finding qualified workers, and firms in the Northeast were no exception, with 67 percent reporting difficulty filling jobs. more
The Providence-Fall River-Warwick metro area added 900 construction jobs over the year ended in April, an increase of 5 percent that earned the region a spot at No. 122 in a ranking of U.S. metro areas in terms of year-over-year net employment gain, according to the Associated General Contractors of America jobs report released Tuesday. 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
Rhode Island ranked 29th on the annual Opportunity Index, released Monday from the national campaign, Opportunity Nation. more
Rhode Island’s economic growth held steady in the first three months of 2014, according to the Rhode Island Current Economic Indicator index released Wednesday by the Rhode Island Public Expenditure Council and Bryant University’s Center for Global and Regional Economic Studies. more
The Massachusetts House and Senate on Wednesday approved raising the state’s minimum wage to $11 per hour over the next three years, the Associated Press reported. more
Rhode Island ranks second in the country for workplace safety, according to a report released Thursday by labor-union federation AFL-CIO that placed the Ocean State’s work-related fatality rate for 2012 at 1.7 per 100,000 workers. more
The Providence-Fall River-Warwick metro area added no construction jobs between March 2013 and March 2014, ranking the state at No. 198 among the 339 metro areas nationwide in terms of year-over-year net employment gain, according to the Associated General Contractors of America jobs report released April 28. more
Fewer Americans are being fired and productivity is showing signs of life, pointing to an improving job market that is helping boost consumer confidence. more
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