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Productivity in U.S. climbs 2.9%, fastest pace in 3 years

NEW YORK - Productivity gains in the United States accelerated by more than expected to the fastest pace since 2015 while labor costs fell, amid...
THE CONSUMER PRICE Index for the Northeast region of the U.S. increased 2.7 percent year over year in July, compared with a 2.9 percent increase in the average U.S. city. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Northeast CPI increases 2.7% in July

PROVIDENCE – The Consumer Price Index in the Northeast region increased 2.7 percent year over year in July, compared with 2.9 percent nationally, according...
RHODE ISLAND had the second highest unemployment rate in the New England region in June. /BLOOMBERG NEWS FILE PHOTO/GABBY JONES

R.I. June unemployment rate 2nd highest in N.E.

PROVIDENCE – Rhode Island had the second highest seasonally adjusted unemployment rate in New England at 4.3 percent, ahead of only Connecticut at 4.4...
NORTHEAST CPI increased 2.6 percent year over year in June, 0.3 percentage points slower than the U.S. city average in that time. / BLOOMBERG FILE PHOTO/BRENT LEWIN

Northeast CPI increases 2.6% over year through June

PROVIDENCE – The Northeast Consumer Price Index increased 2.6 percent year over year in June, according to the Bureau of Labor Statistics Thursday. The United...
THE NON-SEASONALLY ADJUSTED UNEMPLOYMENT RATE in the Providence metro area declined 0.2 percentage points year over year in May to 3.9 percent. / BLOOMBERG FILE PHOTO/LUKE SHARRETT

Providence metro unemployment 3.9% in May

PROVIDENCE – The unemployment rate in the Providence-Warwick-Fall River metropolitan area was 3.9 percent in May, not seasonally adjusted, a 0.2 percentage point decline...

BLS: R.I. had second-highest May unemployment in New England

PROVIDENCE – Rhode Island had the second-highest May unemployment rate in New England, ahead of Connecticut, according to new numbers released by the Bureau...
EMPLOYEE COMPENSATION COSTS per hour worked in New England increased 4.7 percent year over year in March to $41.98. / BLOOMBERG FILE PHOTO/LUKE SHARRETT

N.E. employee compensation rises 4.7% in March

PROVIDENCE – Employer costs per hour worked in New England averaged $41.98 per employee in March, increasing 4.7 percent year over year from $40.10,...
THE UNEMPLOYMENT RATE in the Providence-Warwick-Fall River metropolitan area was 4 percent in April, level with the state unemployment rate. Nonfarm payrolls increased 8,800 jobs year over year in that time, including a 300-construction job uptick. / PBN FILE PHOTO/ MICHAEL SALERNO

BLS: Providence metro sees 4% April unemployment

PROVIDENCE – The Providence-Warwick-Fall River metropolitan area unemployment rate was 4 percent in April, in line with the state unemployment rate at the time,...
THE AVERAGE WEEKLY WAGE in Providence County in the fourth quarter of 2017 was $1,116, just above the national average.

BLS: Providence County weekly wage increases 3.2% in 2017 Q4

PROVIDENCE – Providence County’s average weekly wage in the fourth quarter of 2017 was $1,116, a 3.2 percent increase year over year, according to...
RHODE ISLAND has the highest April unemployment in New England, tied with Connecticut at 4.5 percent. / BLOOMBERG FILE PHOTO/LUKE SHARRETT

BLS: R.I. tied with Conn. for highest April unemployment in N.E.

PROVIDENCE – Rhode Island tied with Connecticut for the highest unemployment rate in New England at 4.5 percent, according to the U.S. Bureau of...
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