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SUPPORTING STARTUPS: Many business leaders are either looking for more support from state government or less regulatory hassles, according to the results of a PBN survey asking what would most help the state produce and keep more successful startups.
 / SOURCE: PBN RESEARCH/JAMES BESSETTE

Get more invested in growing, keeping successful startups

Rhode Island has a lot to offer startups, including great quality-of-life amenities and top-tier educational and support services. But the perception has always been that...

Building the workforce

Has your company’s workforce increased over the last five years? Yes: 87.5% No: 12.5% What programs does your company use to find potential workers? (Select multiple) Other: 75% Local...
AN ECONOMIC MACHINE: The Naval Undersea Warfare Center Division Newport, located in Middletown and Newport, has a yearly impact on the region of more than $1 billion.
 / COURTESY NAVAL UNDERSEA WARFARE CENTER

As NUWC celebrates birthday, R.I. can appreciate its role here

Two things stand out about the Naval Under­sea Warfare Center Division Newport. One is its scale. The 180-acre complex in Middletown and Newport employs nearly...
ADDED BENEFIT: Jacques Afonso, manager of community and customer management with National Grid Rhode Island, speaks with Jennifer Bray, senior program manager for corporate communications. Afonso has taken advantage of National Grid’s partial student-loan repayment benefit to help pay back $60,000 in loans after graduating from Suffolk University in 2009.
 / PBN PHOTO/MICHAEL SALERNO

Loan repayment helps employers compete

Jacques Afonso, a manager of community and customer management for National Grid Rhode Island, had worked for the utility for almost a decade when...
U.S. JOBLESS CLAIMS decreased by 12,000 to 209,000 last week. / BLOOMBERG NEWS FILE PHOTO/GABBY JONES

U.S. jobless claims hit four-week low, underscoring strength

WASHINGTON – Filings for United States unemployment benefits dropped to a four-week low, offering the latest sign of labor-market strength. Jobless claims decreased by 12,000...
THE AVERAGE WEEKLY wage in Rhode Island increased 1.8% year over year through the end of the first quarter, the slowest rate in New England. Employment in the state increased 0.8% in that time, the third-lowest rate in the region. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

BLS: Avg. weekly wage in R.I. increases 1.8% Y/Y in Q1

PROVIDENCE – The average weekly wage in Rhode Island increased 1.8% year over year through the end of the first quarter of 2019 to...
CONSTRUCTION EMPLOYMENT In Rhode Island increased 5.2% year over year in July, the fastest rate of increase in New England./ PBN FILE PHOTO/ MICHAEL SALERNO

R.I. construction employment growth highest in New England in July

PROVIDENCE – The year-over-year construction employment growth rate in Rhode Island in July was the 15th-highest in the nation, according to the Associated General...
RHODE ISLAND had the second-highest unemployment rate in New England, despite a nearly half-percentage point decline year over year. / BLOOMBERG FILE PHOTO/TIM BOYLE

R.I. still has second highest unemployment rate in N.E.

PROVIDENCE – The unemployment rate in Rhode Island in July was the second highest in New England, according to the U.S. Bureau of Labor...
R.I. UNEMPLOYMENT declined 0.4 percentage points year over year to 3.5%. The number of Rhode Island-based jobs increased in that time, but the number of employed Rhode Islanders declined. The labor force also shrank by 2,500 people year over year.

As R.I. unemployment declines and jobs grow, labor force shrinks

PROVIDENCE – The unemployment rate in Rhode Island declined 0.4 percentage points year over year to 3.5% in July, according to the R.I. Department...

Does IGT controversy miss the point?

The unfolding story over the no-bid contract extension with International Game Technology PLC for supplying technology and services to the state’s lottery system has...
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