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
Rhode Island was one of three states that averaged an unemployment rate of greater than 9 percent in 2013, according to year-end figures released Friday by the U.S. Bureau of Labor Statistics. more
Rhode Island has the highest percentage of “actively disengaged” workers in the United States, according to a report from Gallup. more
When 2013 began, business groups were talking about reforming and reining in Rhode Island’s Temporary Disability Insurance program – certainly not expanding it. more
John Condon, president of Stonewall Solutions, will tell you it’s no easy task finding the right people to work at his software-development company. “We need candidates with technology skills that are pretty unique,” he said. “To find them, we have to cast a wide net.” more
Electric Boat’s plan to hire 650 employees this year at its expanding facility at Quonset Business Park in North Kingstown is a precursor to a massive ramp-up expected to more than double the current Quonset workforce of 2,800 over the next 15-20 years. more
Gov. Lincoln D. Chafee and General Treasurer Gina M. Raimondo have reached an agreement with representatives of government workers and retirees to soften the effects of the 2011 state pension overhaul, they announced Friday. more
Rhode Island’s seasonally adjusted unemployment rate inched downward in January to 9.2 percent, the lowest rate since November 2008, according to the latest monthly report from the R.I. Department of Labor and Training. The state’s civilian labor force totaled 550,300 in January, up 200 from December 2013 but down 9,700 from January 2013. more
Court-ordered settlement talks between the state and Rhode Island public employees and retirees over cuts in pension benefits have broken down, sending the dispute to trial, both parties in the case said Friday. more
Despite a drop in Rhode Island’s unemployment rate to a seasonally adjusted 8.7 percent in March, the Ocean State again ranked as the state with the highest jobless rate in the country, the U.S. Bureau of Labor Statistics reported Friday. more
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