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RHODE ISLAND'S JULY UNEMPLOYMENT rate decline of 1.1 percentage points year over year was a larger rate decline than any other New England state. / COURTESY BUREAU OF LABOR STATISTICS

R.I. July unemployment fell faster than any other New England state

PROVIDENCE – Rhode Island ‘s seasonally adjusted unemployment decreased the fourth-most percentage points in the nation year over year, according to a Friday release...
UNEMPLOYMENT IN THE Providence metro area decreased 0.7 percentage points year over year. / COURTESY BUREAU OF LABOR STATISTICS

Providence metro unemployment rate drops most in N.E. in June

PROVIDENCE – The unemployment rate in the Providence metropolitan area decreased 0.7 percentage points year over year to 4.3 percent, according to non-seasonally-adjusted labor...
RHODE ISLAND RANKED no. 4 in WalletHub's Worst State's to Start a Business rankings./ COURTESY WALLETHUB

WalletHub: R.I. ranks 4th worst place to start a business in...

PROVIDENCE – Rhode Island ranked No. 4 on a list of the worst states in the United States to start a business, according to...
A WORKER COUNTS stocks of sheet aluminum rolls. /BLOOMBERG FILE PHOTO/OLIVER BUNIC

R.I. labor force grows in May as unemployed total drops as...

PROVIDENCE – Unemployment in Rhode Island declined 1.7 percentage points year over year in May from 5.3 percent to 3.6 percent on a non-seasonally...

BLS: Average hourly wage for Prov. metro 3% above national average

In May 2016, workers in the Providence-Warwick Metropolitan Statistical Area had an average hourly wage of $24.57, roughly 3 percent higher than the national...
THE UNITED STATES JOB market added 138,000 jobs in May, 44,000 short of estimates.

Slower hiring, lower unemployment offer mixed U.S. labor signs

NEW YORK - The United States labor market gave mixed signals in May, with a decline in the unemployment rate to a 16-year low...
Source: U.S. Bureau of Labor Statistics

With labor force growth comes job growth, too

For a number of years, observers of the region’s ­economies have noted Rhode Island’s poorly performing labor force. Following the Great Recession, the number of...
NORTHEAST INFLATION IS SLOWER than the national average according to the Bureau of Labor Statistics in its consumer price index released on Friday. / COURTESY BLS

Consumer price index report shows Northeast inflation slower than national average

PROVIDENCE – Inflation in the Northeast region over the 12 months through April was slower than across the United States. The consumer price index...
New England as a region has the lowest unemployment rate in the nation, while at the same time having the highest total compensation costs, according to the U.S. Bureau of Labor Statistics. But job growth in the region has been accompanied by a relative lowering of those costs, proven by the positive correlation between changes from 2006 to 2016 in total compensation and the unemployment rate. / Source: U.S. Bureau of Labor Statistics

Are New England wages reverting to the mean, thus growing jobs?

At least in terms of unemployment statistics, New ­England must be doing something right. By more than a full percentage point at the end...
JOBLESS RATES were lower in March than a year earlier in 18 states and stable in 32 states and the District of Columbia, according to the federal Bureau of Labor Statistics.

R.I. posts fourth largest unemployment rate decrease in March

PROVIDENCE - Rhode Island recorded the fourth-largest year-over-year decrease in its unemployment rate among the 50 states in March, dropping 1.1 percentage points to 4.3...
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