Updated July 3 at 9:03pm
Workforce
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The R.I. Department of Labor and Training will continue offering a program in collaboration with the Center for Women & Enterprise to help unemployed Rhode Islanders start their own businesses. more
(Updated 12:20 p.m.) The New England unemployment rate was 4.9 percent in May, a 1.1 percentage point drop from May 2014, according to the U.S. Bureau of Labor Statistics. more
Rhode Island’s unemployment rate dropped in December to 6.8 percent, the lowest rate for the state since March 2008, the R.I. Department of Labor and Training has reported. more
The maximum weekly benefit rate for unemployment insurance will remain unchanged for the coming year, while the maximum weekly benefit rate for temporary disability insurance is increasing by $25, the R.I. Department of Labor and Training said Thursday. more
If there was a theme to Providence Business News’ Manufacturing Awards program Thursday at Bryant University’s Bello Center, it was that teamwork helps an enterprise function at a level much greater than the sum of its parts. more
A new $1.3 million grant program will focus on employers’ needs in cultivating a stronger workforce to jump-start the Rhode Island economy, the governor announced Monday. more
Plumbing equipment manufacturer Quick Fitting Inc. has secured approval from U.S. immigration officials to broker investments in Rhode Island manufacturers from foreign nationals seeking permanent residency in the United States, the company said Monday. more
Rhode Island’s financial profile has improved following the economic downturn, but weak economic and demographic trends, paired with large combined debt and pension liabilities, remain sources of credit pressure, according to Moody’s Investor Service. more
Not long ago, the U.S. was beginning to look ominously like the dystopia described by Karl Marx. Companies appeared to be freeing themselves of the need for workers, relegating the latter to chronic joblessness and penury. more
An increase in June payrolls followed smaller gains in the prior two months, and wages were little changed as U.S. job market reflected a more moderate pace of economic growth. more
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