RI economy

Scott MacKay Commentary
3:57 pm
Fri October 17, 2014

Scott MacKay Commentary: Fung, Raimondo Should Answer These Questions Before They Get Your Vote

Rhode Island Statehouse
Credit RIPR FILE

The major candidates for Rhode Island governor have spent much of their campaigns focused on the economy. RIPR political analyst Scott MacKay on what they aren’t telling voters.

All of the Rhode Island political campaigns this year are talking about our state’s sluggish economy. In the governor’s contest between Republican Allan Fung, the Cranston mayor, and Democrat Gina Raimondo, the state treasurer, jobs and the economy often seem to be the only topic.

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On Politics
3:28 pm
Thu August 14, 2014

RI Unemployment Rate Drops To 7.7 Percent In July

Rhode Island's unemployment numbers ticked down this July.
Credit 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.

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On Politics
3:48 pm
Tue June 3, 2014

Chafee and the RI Economy: Not as bad as media myth

RI job growth

It has become a Rhode Island cliché that Lincoln Chafee is a failed governor because he hasn’t done enough to create jobs in Rhode Island’s flagging economy.  This notion has been driven relentlessly by talk radio shills and the editorial and news pages of the state’s legacy print media outlets, some of which are groping for relevance in a reshaped media environment.

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On Politics
4:26 pm
Thu April 24, 2014

Chafee, Valois, Sweitzer headed to European trade mission

Gov. Lincoln Chafee and Marcel Valois, executive director of Commerce Rhode Island, will embark on a European trade mission that will be focused on meeting with executives of companies that have expressed an interest in establishing operations in Rhode Island.

Chafee’s press office issued a statement saying that these company executive officials are interested in Rhode Island due to the state’s ``proximity to Europe, as well as the location in the busy northeast corridor and the convenience of TF Green Airport, industrial ports and rail and highway transportation systems.’’

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On Politics
4:20 pm
Thu April 17, 2014

RI Unemployment Rate Dips

Rhode Island's unemployment dipped in March, but it continues to have one of the highest rates of unemployment in the country.
Credit Aaron Read / RIPR

Rhode Island’s unemployment rate has inched down to 8.7 percent in March, an improvement, but evidence that the state trails the region and most of the nation in economic activity.

The state Department of Labor and Training reports that new data shows the seasonally adjusted rate declined from 9 percent in February and is now at the lowest rate since September, 2008.

The number of Rhode Islanders who were working increased to 506,000 in March, a hike of 2,700 from February  statistics.

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