Lardaro: R.I. could see over 20% unemployment, years of recovery due to COVID-19 downturn

ECONOMIST LEONARD LARDARO said a projection that found Rhode Island will see a 16% unemployment rate due to the COVID-19 pandemic was
ECONOMIST LEONARD LARDARO said a projection that found Rhode Island will see a 16% unemployment rate due to the COVID-19 pandemic was "too optimistic." / PBN FILE PHOTO MICHAEL SKORSKI
PROVIDENCE – University of Rhode Island economist Leonard Lardaro thinks unemployment in Rhode Island could rise to over 20% due to the COVID-19 pandemic, according to his latest Current Condition Index report on the state's economy. The economist said he almost didn’t write the CCI for February, as the figures were prior to the shutdowns…

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