March saw a pretty typical trend in employment data, for Rhode Island, which isn’t really a good thing.
Positive employment and jobs numbers, for February, are in keeping with the annual phenomenon of mysterious booms that are revised away the following year.
Elected officials in Rhode Island move forward without considering the possible effects, perhaps doing more harm than good as they take more and more of Rhode Islanders’ income away.
The governor’s spin (as reprinted in the New York Times) notwithstanding, Rhode Island’s employment picture is bleak.
The data for dropouts and graduation from Rhode Island public schools adds to the impression that government education is increasingly about keeping enrollment up as long as possible.
Along with most of the country, Rhode Island saw its employment condition slip with this year’s annual employment revision.
Rhode Island’s abysmal employment and jobs numbers for 2016 erased most of the improvement of the year and returned the story to one of relative stagnation since the middle of 2015.
A University of Rhode Island physics professor’s attempt to use environmentalism in Woonsocket to attack capitalism instead raises questions about his credibility and that of Marxist environmentalism worldwide.
A shrinking labor force in conjunction with general stagnation brings Rhode Island toward the new year in a continuing funk and hope only that the national economy will lift the floor for economic suffering.
Colorado’s contrast with Washington, which also legalized recreational marijuana in 2012, gives further indication that Rhode Island should not rush into drug legalization just yet.
Colorado’s experience with hard drugs since legalizing marijuana for recreational purposes raises enough concern that legislators and voters should wait for more data before making more policy changes.
Rhode Island’s employment picture remains largely stagnant, although the slipping labor force may be a warning sign of changes to come.
In September, whatever boost Rhode Island was seeing in employment cooled and jobs evaporated; meanwhile, Rhode Islanders’ income fell in the second quarter, even as taxes increased.
As usual this time of year, the story of Rhode Island’s employment picture depends greatly on whether one expects a large downward revision. For the moment, the employment picture looks brighter than it’s been, although not by much.
For the first time in a while, Rhode Island’s employment picture looks to be on the upswing, although similar results in prior years have tended to be revised away.
When it comes to Rhode Island employment, we’ve reached the point that not losing ground is the good news.
With Rhode Island’s employment on the downside of stagnation, jobs disappearing, and other states’ pulling away, it’s only a matter of time until it’s absolutely impossible for politicians to find positive spin.
Whatever politicians may say, Rhode Island’s employment situation is stuck, which means losing ground against its Southern New England neighbors and the country as a whole.
Rhode Island’s employment results were generally positive, for March, but the context of other states and of long-term trends advises caution before proclaiming a break of the Ocean State’s stagnation fever.
RI’s February employment data is, at best, stagnant, but compared with its neighbors and other states around the country, the Ocean State is losing considerable ground.
Unlike recent years, Rhode Island’s employment numbers didn’t kick off 2016 with a boom (later to be revised down); combined with downward revisions and stagnant results, Rhode Islanders should be concerned.
With the Bureau of Labor Statistics’ annual revision of employment data, Rhode Island lost over 4,000 employed residents and appears to have stalled at the beginning of last summer.
Through the RI Center for Freedom & Prosperity, I put out a one-page report today, time to coincide with National School Choice Week. Using data available through the Center’s interactive application to review state-level results on the National Assessment of Educational Progress (NAEP) tests, the one-pager points out something that I’ve noted before: Rhode Island actually gained ground through much of the last decade, particularly among disadvantaged students, but hit a hard ceiling when reforms were halted. Here’s one of the charts from the report with an added political dimension that’s quite striking:
As the General Assembly promises to knock around charter schools this session (with some reforms that I actually break from school choice allies in supporting), Rhode Islanders should rouse themselves at least a little bit to insist that the special interests who control our state — in particular, public education — must be made to step aside in the interest of real, secure, long-term school choice that stops funding government-branded schools and starts funding education. In other words, we need real school choice in the Ocean State.
As we approach a likely downward revision in employment numbers for Rhode Island, late 2015 has already lost a substantial amount of the gains made in the early and middle parts of the year.
Rhode Island’s final employment report for the year continues the trend that has come to define it: a lower unemployment rate resulting from bigger losses in labor force than employment.
Although politicians are looking to the unemployment rate to paint sunny pictures of RI’s economy, in August, the gap between the jobs that the RI economy had created since the recession and the number of Rhode Islanders added to food stamps grew and still led New England.
Once again, the drop in RI’s unemployment rate is deceptive, resulting from a bigger drop in people actively looking for work than the drop in employment; at least RI had the rest of New England for company in October.
September marked the month that Rhode Island employment stopped its unabated month-to-month growth in 2015, but a downward revision of the whole year should still be expected in January.
Since the recession began, Rhode Island has added about one-tenth of its population to the food-stamp rolls, and with jobs recovering slowly, the safety net remains full.
Rhode Island’s job market continues to explode… at least according to one Bureau of Labor Statistics measure. If true, that means the Ocean State is the one saving grace of the Southern New England economy.