economy

Arts & Culture
8:58 am
Tue April 14, 2015

Rising Tide: Starting A Business, And A Family, At The Height Of A Recession

Jewelery maker Meghan and Benoit Devinat in their basement studio in Providence.
Credit Chuck Hinman / RIPR

As part of our new series “Rising Tide,” Rhode Island Public Radio is bringing you stories of life after the Great Recession. The economy is improving, but does a rising tide lift all boats, or are some Rhode Islanders still being left behind? In this next installment, Rhode Island Public Radio’s Chuck Hinman visits a couple who started a small business, and a family, in the depths of the Great Recession.

 

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RI News
9:43 am
Mon March 23, 2015

State Retirees Slated To Vote On Proposed Pension Settlement

Retired public employees are slated to vote Monday on a proposed settlement to the state pension dispute. The voting is expected to take place starting at 10 at the Twin River event center.

The retirees are just one in a series of union groups that need to approve the settlement. At least some active workers face a deadline of voting on the deal by Friday.

The process for approving or rejecting the settlement is shrouded in secrecy. That’s because a judge imposed a gag order preventing parties in the case from talking about it.

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Providence
8:55 am
Mon March 23, 2015

A Small Victory In Providence's Latest Fight Against Foreclosures

A front-end loader tears down the foreclosed house on Marshall St. Providence Mayor Jorge Elorza says he wants most houses returned to a livable state, but this one was beyond remediation.
Credit John Bender / RIPR

Eight years since the height of the national foreclosure crisis, Providence faces a plague of vacant houses, blighting neighborhoods.  Now the capital city’s new mayor is ramping up efforts to combat the issue. One home on the city's West Side is a success story; it's part of the ambitious plan to create many more in the state capital.

On a cold, sunny morning in March a massive front end loader tears into a tan, two-story home, on Marshall St. on the West Side of Providence. A group of neighbors and passersby watch from across the street.

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Political Roundtable
4:00 am
Fri March 20, 2015

Political Roundtable: Raimondo on Her Budget, Jobs & the Pension Dispute

Credit Ian Donnis / RIPR

Governor Gina Raimondo joins Political Roundtable this week to discuss her budget proposal, efforts to reinvent Medicaid, the pension dispute and much more.

You can hear more from Governor Raimondo in our Bonus Q+A segment.

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Economy
11:02 am
Fri March 13, 2015

Rhode Island's Unemployment Numbers Down For January

RI's unemployment ticked down in the first month of 2015.
Credit Aaron Read / RIPR

The state’s unemployment rate ticked down in January, compared to the same month a year ago.  The rate is now 6.5 percent; the state’s lowest since the start of the recession.

That’s down more than two percentage points since January of last year (when it stood at 8.6).  It’s been seven years since the state’s unemployment rate has been this low, back in February of 2008.  Despite the good news, Rhode Island’s unemployment rate remains higher than the national average, of 5.7 percent.

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