2024 forecast: R.I.’s unemployment – ‘nowhere to go but up’

WORK ISSUES: Elizabeth Catucci, president of the Northern Rhode Island Chamber of Commerce, says business executives are hopeful that the labor market will loosen in 2024 and make it easier to find people to fill open jobs. PBN FILE PHOTO/MICHAEL SALERNO

During the COVID-19 pandemic, University of Rhode Island economist Leonard Lardaro says he noticed businesses in the South County region of the state posting jobs offering wages up to $17 an hour. Over time this fell to $15 per hour, then $13 until one night in December, Lardaro saw a sign posted on a business’s

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