It seems sometimes like every Rhode Island business and political leader points to the better economy in Massachusetts. RIPR political analyst Scott MacKay looked across the state border and finds more myth than reality.
Rhode Island’s politicians are talking about the economy again. RIPR political analyst Scott MacKay warns of a campaign cliché voters ought to view with skepticism.
As predictable as the turning of autumn leaves, Rhode Island’s political campaigns will once again be filled with talk about creating jobs and jump-starting our stalled economy. Expect to hear the ancient Ocean State chestnut from the pols who’ll say, the biggest economic fear of Rhode Islanders is that their children can’t stay in our state because there aren’t enough jobs.
A University of Rhode Island economics professor who tracks the state’s economy every month finds it was in good shape for the month of July.
Professor Leonard Lardaro says nine of 12 indicators he tracks are in positive territory. The only lagging indicators are government employment, the size of the labor force and new claims for unemployment.
Overall, Lardaro said we’re heading into the second half of the year in a fairly strong position.
State Representative Karen MacBeth (D-Cumberland) wants the House Oversight Committee to use its subpoena power to extract documents and compel appearances by key figures in Rhode Island's losing investment in failed video game maker 38 Studios.
Today we celebrate the glorious history of the American labor movement. While unions have a storied past RIPR political analyst Scott MacKay wonders what the future holds.
Labor Day in Rhode Island has long been more than a summer’s end holiday. For decades, union leaders and their members have celebrated a movement that assimilated immigrants, fought vigorously for better pay and working conditions and was a fulcrum in the creation of a strong middle class.
Rhode Island’s economy ended the second quarter on a positive note, according to the latest Current Conditions Index. The index is a monthly rating of the state’s economy based on a dozen key indicators.
Rhode Island’s unemployment rate remained flat in June at 8.9 percent. Progress made in reducing the jobless rate in the first quarter of the year seems to have stalled.
The news was great in the first quarter of the year. Rhode Island’s unemployment rate fell from 9.8 percent in January to 9.4 percent in February, to 9.1 percent in March. In April, it fell to 8.8 percent. That’s about where it has remained ever since.