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IT IS NOT CLEAR WHY, but despite rising employment and a growth in the labor force, wages in the United States are not climbing at the rate that many think it should. / BLOOMBERG NEWS FILE PHOTO

Opinion: Emotions and economics explain stagnant wages

NEW YORK – The labor market appears to be quite strong, judging by June’s unemployment figures. The rate ticked up in June to 4...
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...
RHODE ISLAND was ranked No. 39 for best state in the U.S. to earn a living in 2018, according to MoneyRates.com. / PBN FILE PHOTO/MICHAEL SALERNO

Report: R.I. ranks low for best states to make a living

PROVIDENCE – Rhode Island ranked No. 39 on a list of best and worst states to make a living 2018 report released by Moneyrates.com.The...
SOURCE: FEDERAL HOUSING FINANCE AGENCY

Economic progress, backsliding and confusion coexist in R.I.

While the numbers don’t lie, it would seem they often don’t tell a very clear story, either. So it is with a snapshot of...
IN THE SECOND CCI report of 2018, 11 of the 12 economic indicators saw improvement. / COURTESY LEONARD LARDARO

February CCI sees near across the board improvement

SOUTH KINGSTOWN – Rhode Island is moving beyond its “funk,” said University of Rhode Island Economist Leonard Lardaro of the February 2018 Current Conditions...
RHODE ISLAND'S SEASONALLY ADJUSTED UNEMPLOYMENT RATE held steady at 4.5 percent for the third consecutive month according to a Thursday R.I. Department of Labor and Training release. / COURTESY RIDLT

No budge in R.I. unemployment rate

PROVIDENCE – For a third consecutive month in February, Rhode Island’s seasonally adjusted unemployment rate held at 4.5 percent, per a report released by...
RHODE ISLAND HAD THE highest unemployment rate in New England in January, along with Connecticut.

R.I., Conn. have highest jobless rates in N.E. in Jan.

PROVIDENCE – At 4.5 percent, the seasonally adjusted unemployment rates in Rhode Island and Connecticut in January were the two worst performers in the...
CONSTRUCTION EMPLOYMENT ROSE BY 61,000 jobs year over year, including work such as is happening here, where workers finish construction on the gaming floor of the Resorts World Catskills casino, hotel and entertainment complex, operated by Empire Resorts Inc. in Monticello, N.Y., in January. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

U.S. added 313,000 jobs in February; wage gains slow to 2.6%

WASHINGTON – U.S. employers added the most workers since mid-2016 as labor-force participation swelled, while below-forecast wages and a downward revision to January’s figure suggest...

January 2018 unemployment rate holds fast at 4.5 percent

PROVIDENCE – The seasonally adjusted unemployment rate in Rhode Island held steady at 4.5 percent in January, according to a Thursday release from the...
CONSTRUCTION EMPLOYMENT FELL 8 percent in the Providence-Fall River-Warwick metropolitan area from April 2012 to April 2013.  / BLOOMBERG FILE PHOTO/SIMON DAWSON

U.S. adds 200,000 jobs; wages rise by most since recession

WASHINGTON – U.S. hiring picked up in January, and wages rose at the fastest annual pace since the recession ended, as the economy’s steady move...
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