Updated October 4 at 10:04pm
414 results total, viewing 61 - 70
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
(Updated 3:32 p.m.) Rhode Island’s jobless rate fell to 5.6 percent in August, a two-tenths of a percentage point drop from July and 1.8 percentage point decline from August 2014, the state Department of Labor and Training reported on Thursday. more
Rhode Island led the nation with the largest year-over-year unemployment rate decrease in August at 1.8 percentage points. more
Compensation costs among private industry employers in New England averaged $37.12 per hour in December, 19 percent higher than the national average of $31.32 per hour, according to the federal Bureau of Labor Statistics. more
Bank of America Corp. is cutting dozens of jobs across the firm’s trading and banking divisions after CEO Brian Moynihan pledged to trim expenses amid a decline in trading revenue, according to two people with knowledge of the plans. more
The Millennial Professional Group of Rhode Island has launched a website that it hopes will help encourage the migration of new millennials into the Ocean State, and persuade those who are thinking about leaving to stay. more
Four city restaurants owned and operated by Andrew Mitrelis underpaid 17 servers and kitchen employees, a violation of the minimum wage and overtime requirements of the Fair Labor Standards Act, according to the U.S. Department of Labor. more
Employers in the U.S. added more jobs than forecast in January, capping the biggest three-month gain in 17 years, and workers’ earnings jumped. more
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