North Kingstown’s low-for-RI unemployment rate disguises a town that hasn’t grown much and now has an historically low number of employed residents.
During no period, from 1965 to 2000, did young, single college graduates increase in number in Rhode Island, according to the U.S. Census.
New Shoreham’s March unemployment of 29.5% (not seasonally adjusted) is high by any measure, but it may be more concerning that both summer peaks and winter troughs have been lower than any time since 1994.
At 8.5% (not seasonally adjusted) Narragansett’s unemployment rate is low, for RI, but the reason is that its labor force adjusts more than usual to gained and lost employment.
Government and public administration has moved up to 2nd on a list of fraud-prone industries, with health care and education climbing quickly.
The specter of a double-dip recession brings into stark relief, for Justin, the lack of vision among those leading the state.
In keeping with past experience, Kauffman/Thumbtack study finds RI to be dead last in the nation for small business friendliness.
Hopkinton grew, in population and economically, over the last decade, but since 2010, employment has stagnated as the labor force recedes.
Throughout the ’90s and most of the last decade, Exeter was on a path of growth, but 2007 brought an end to employment increases, and 2008 lost jobs. Now, the town’s unemployment rate is 12.2% (not seasonally adjusted).
RI requires licenses for the 14th highest number of lower-income occupations in the U.S., imposing the 22nd greatest overall burden, disproportionately affecting men and minorities, whom the recession has hit hardest.
Charlestown’s unemployment puts it well above the overall rate for the state and results from more than four years of continual employment declines.
A jumble of news and commentary headlines leads Justin to wonder where the cause and effect lie in entitlement and nanny-statism.
Tax breaks for artists raise the question of why all Rhode Islanders shouldn’t have more control over their own destinies
Woonsocket’s number of employed residents has never been lower, in the 22 years of DLT data, and the only thing keeping its unemployment rate steady is the rapid decrease in labor force.
The New York Times’ claim that President Obama has shrunk government shrivels under examination.
Local transportation funding is vulnerable to federal vicissitudes because it is entirely federal dollars build on a bed of local borrowing. That ought to raise questions among voters about the management of the state.
Smithfield’s unemployment rate has improved a little since 2010, but the reason is that its labor force has fallen off while its number of employed residents has mostly stagnated.
Scituate’s employment and population trends aren’t far from the typical RI town, and its not-seasonally-adjusted unemployment rate is below the state’s overall number. However, the town has been on a consistent downward drift for a number of years.
Although no employment pictures are positive, in Rhode Island, Providence’s is a mixed bag. Still, all positive spin must be tempered with the fact that so few of its residents are interested in working, with only 40% actually employed. Its unemployment rate would be around 30% if it were like other cities and towns.
Standing in static comparison with other RI cities and towns, Pawtucket’s employment statistics are bad, but not state-leading. It’s the longer-term view of the city’s decline that ought to be a matter of concern.
The intricate machinations suggested by Gary Sasse in the “tax-the-rich” debate raise the question of whether RI can afford the risk (or the wait) involved with technocratic designs.
North Smithfield’s unemployment rate of 10.1% (not seasonally adjusted) is largely attributable to the rapid growth of its labor force during the last decade.
Polemics can give a sense of the debate concerning reasonable predictions, and investment returns are no different.
North Providence’s low-for-Rhode-Island unemployment rate masks the fact that the city’s number of employed residents has never been lower in the DLT’s 22 years of data.
Lincoln’s employment trend over the last decade was along the typical Rhode Island line, with labor force growing substantially while employment receded. Since 2010, however, the town’s situation has not improved, although it remains better situated than the state overall.
At 12.9% (not seasonally adjusted), Johnston has among the highest unemployment rates in Rhode Island. Like some other cities and towns, however, Much of the employment gap results from the presence of additional people in the workforce.
Ian Donnis has looked into RI’s negotiations for its share of prospective casino revenue, and pulling all the data together suggests that table games may only mean $9 million per year to the state government.
In a comparison that plays out in other competing communities in RI, Foster and Glocester exhibit an interesting dynamic. Foster has significantly higher unemployment, but its number of employed residents is up, while Glocester’s is down. The difference is the number of people who want to work.
Liveblogging from the Senate floor session and House Finance Committee.
Not seasonally adjusted, East Providence’s unemployment rate of 12.8% is well above the state’s average. With its total employment near a record low and its labor force nearly there, as well, it’s even more concerning that unemployed residents remain near the high.