A bill scheduled to be introduced Thursday would use tax credits to try to spark the creation of jobs.
State Representative Joseph Shekarchi (D-Warwick) is introducing his job development tax credit bill for the third time. He said it’s modeled on a program that incentivizes larger employers to create jobs by lowering their taxes.
Numbers out of the Rhode Island Department of Labor and Training show there are more people working than originally thought.
The DLT compared quarterly tax data from employers with numbers out of the Bureau of Labor Statistics that are estimates based on survey sampling. The tax data show Rhode Island gained 6,500 jobs between September of 2012 and September of 2013. That’s double the number based on federal estimates.