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Calculating rising demand Continuing a national trend that started at the turn of the century, demand for accountants in Rhode Island has risen over recent years by a significant amount, with growth expected to continue in the coming decade. Driven by retiring baby boomers, as well as an organic industry demand and people changing career paths, the state has seen increased enrollment in accounting education programs and faculty growth at the undergraduate and graduate level.*The 2016-2026 report used a new methodology developed by the U.S. Bureau of Labor Statistics that the DLT says more accurately measures the movement of workers who jump from industry to industry without leaving the workforce, thus creating a potentially much larger demand for workers in any one discipline. / Source: R.I. Department of Labor and Training

Can colleges help fill projected job openings?

Job-prediction reports published by the R.I. Department of Labor and Training consistently reflect an increasing call for accountants in the state. In October, the state...
THE AVERAGE WEEKLY wage in Providence County was $1,145 in the first quarter, a 3.1 percent increase year over year. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

BLS: Providence Co. employment grows 0.8% over year, while wages grow...

PROVIDENCE – All of the three local counties included in the U.S. Bureau of Labor Statistics’ 2018 first-quarter employment and wage report released Wednesday...
501(C)(3) NONPROFITS employed an average of 68,348 workers in Rhode Island in 2016 at an annual average wage of $49,667 per worker. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

BLS: Average pay at R.I. 501(c)(3) nonprofit in 2016 was $49.7K

PROVIDENCE – There were 1,756 501(c)(3) nonprofits in Rhode Island in 2016, employing on average 68,348 people, and who were paid a combined $3.4...
PROVIDENCE METRO AREA UNEMPLOYMENT in June declined 0.5 percentage points year over year to 3.8 percent on a non-seasonally adjusted basis. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Providence metro unemployment declines to 3.8% in June

PROVIDENCE – Unemployment in the Providence-Warwick-Fall River metropolitan area was 3.8 percent in June, a 0.5 percentage point drop from 4.3 percent in June...

May construction employment up 500 workers in both Providence, New Bedford...

PROVIDENCE – Construction employment in the Providence-Warwick-Fall River metropolitan area increased 500 workers year over year in May, a 2 percent increase, to 24,100...

May construction employment up 500 workers in both Providence, New Bedford...

PROVIDENCE – Construction employment in the Providence-Warwick-Fall River metropolitan area increased 500 workers year over year in May, a 2 percent increase, to 24,100...

Making stuff back in fashion

One of the most important economic changes in the United States over the past half-century has been the shift away from making goods to...

List: Veteran employers

Top services used by local businesses for veteran recruitment:* 1. Veteran/military job fairs 2. Online military job boards 3. Veteran community organizations 4. Department of Veteran Affairs 5. National...
THE MASSACHUSETTS gross domestic product increased 1.6 percent year over year in the first quarter of 2018. / COURTESY MASSBENCHMARKS

MassBenchmarks: Mass. GDP grows at 1.6 percent in Q1

BOSTON – Massachusetts gross domestic product grew at a 1.6 percent annualized rate in the first quarter of 2018, according to MassBenchmarks, a journal...

Reports of retail’s death premature

Earlier this month, Sen. Marco Rubio, R-Fla., reacted to news of rising mall vacancies by calling for help for the “millions of workers who...
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