RI manufacturing

Aaron Read / RIPR

  It’s the usual mixed bag of good news and not-so-good news as Rhode Island’s unemployment rate dipped one-tenth of a percentage point to 5.2 percent in November, down from 5.3 percent in October, according to data released by the state Department of Labor and Training.

Job gains came in several sectors, including restaurants and hotels, professional and business services,  arts, entertainment and recreation and educational services. But job losses still dog other sectors, including construction, government employment and information.

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For  workers and unions, there hasn’t been much to celebrate on Labor Day in recent years. RIPR political analyst Scott MacKay says things may finally be looking up.

RIPR FILE

Rhode Island Governor Gina Raimondo says Rhode Island needs to build a base of skilled workers in order to attract high wage, manufacturing jobs to the state.  Raimondo spent the weekend in Washington D.C., at the National Governor’s Association winter meeting.  The governor said, as a member of the Association’s Economic Development and Commerce Committee, she got first-hand confirmation of the areas Rhode Island must focus on to attract manufacturing companies to the state.

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line. 

This week, Dave and Mark talk with John Duffy, outgoing chairman of the Greater Providence Chamber of Commerce about job creation under Gov. Gina Raimondo. 

When to Listen

You can hear The Bottom Line each Friday at 5:50 p.m.

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you: news@ripr.org

Aaron Read / RIPR

Rhode Island’s unemployment rate has inched down again, from 7.9 percent in June to 7.7 percent in July, according to data released today by the R.I. Department of Labor and Training.

The 7.7 percent rate is the lowest level since June, 2008, according to figures compiled by the DLT.

The number of Rhode Island based jobs increased by 1,200 from June 2014 and 5,600 since June 2013.

The estimates for nonfarm payroll in the Ocean State was 477,800 in July, the highest number since September 2008.

RIPR FILE

Nothing is certain in life except death and taxes. RIPR political analyst Scott MacKay says it may be time for Rhode Island to get out from under this cliché.

Once again, conservative groups and business leaders are lobbying for big changes to Rhode Island’s estate tax. Called the ``death tax’’ by opponents, this tax is levied upon Rhode Island estates of more than about $922,000.