Tuesday, October 26, 2021

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Groups call for timely distribution of funds from R.I.’s ARPA allocation

PROVIDENCE – Rhode Island’s businesses and organizations are calling on Gov. Daniel J. McKee and the state's legislative leaders to allocate a portion of...
MATTHEW WELDON, director of the R.I. Department of Labor and Training, says communication with the unemployed people who have lost their federal unemployment benefits is crucial to get them matched up with a job. / PBN FILE PHOTO/ELIZABETH GRAHAM

Getting the unemployed to take unfilled jobs isn’t so simple

About 45,000 Rhode Islanders have lost their federal unemployment benefits, but prodding them back into the workforce to ease a labor shortage in some...
THE RHODE ISLAND FOUNDATION, with the support of the Economic Progress Institute and the Rhode Island Public Expenditure Council, is launching a new initiative to develop recommendations on how the state can spend the federal stimulus it is expected to receive from the American Rescue Plan Act. / COURTESY RHODE ISLAND FOUNDATION

R.I. Foundation launches initiative to develop recommendations for state on stimulus...

PROVIDENCE – The Rhode Island Foundation announced Wednesday that, with the support of the Economic Progress Institute and the Rhode Island Public Expenditure Council,...
NEEDING MORE: R.I. Department of Labor and Training Director Scott R. Jensen says the new federal overtime rule for salaried employees, while an improvement, doesn’t reflect “modern realities.” 
 / PBN FILE PHOTO/MICHAEL SALERNO

Does new federal overtime rule go far enough for salaried workers?

An additional 1.3 million U.S. workers – including tens of thousands in Rhode Island – will be eligible for premium overtime pay now that...

Study: Wage growth weak for a tight labor market

PROVIDENCE – Unemployment rates in the economic recovery of recent years are similar to those the nation saw in the late 1990s recovery, but...
GROWING SECTOR: Lori Mayer, left, a veteran pediatric intensive care nurse at Hasbro Children’s Hospital in Providence, speaks with Abigail King, another PICU nurse. The state is projected to add 860 registered nurse jobs by 2026, according to the R.I. Department of Labor and Training.
 / COURTESY LIFESPAN CORP.

Job growth in R.I. is expected to come at the top...

If you don’t catch on at the top of Rhode Island’s labor market, you may slip all the way to the bottom. That’s because the...

Much work to be done to bring more high-wage jobs to...

It’s never a bad thing to have a job. But an analysis of data for Rhode Island and the nation shows that which job...

Health care still eating the economy

Health care costs are not as much in the news nowadays. A big reason might be that cost growth has slowed in recent years....

Manufacturing jobs are still pretty good jobs

In November 2014, the ­average hourly pay of production and nonsupervisory workers in durable goods manufacturing fell behind that of their peers in the...
BEST INTEREST: From left, Merrill Lynch Wealth Management officials Diane Fiore, senior client associate; Brendan McCarthy, senior vice president, wealth management; and Edythe M. DeMarco, managing director of wealth management, meet at their Providence office. DeMarco says her firm acts in the best interest of clients and is in favor of the fiduciary rule that would require the same. / PBN FILE PHOTO/­RUPERT WHITELEY

Wealth managers divided on delay of fiduciary rule implementation

The decision to once again delay full implementation of the so-called fiduciary rule comes with a sigh of relief to some financial planners not...

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