RI News
8:48 am
Mon August 12, 2013

"Current Conditions" Index Shows Good Signs for Rhode Island Economy

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.

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RI Economy
3:05 pm
Mon July 22, 2013

Extended Benefits for RI Unemployed to be cut in August

What's called Tier 4 unemployment benefits will be cut in Rhode Island starting August 10th.
Credit file

Starting next month, extended unemployment benefits will drop from 73 weeks to 63 weeks. The Rhode Island Department of Labor and Training said the cut comes thanks to lower unemployment numbers.

States with an average unemployment rate of 9 percent or higher can offer what’s called Tier 4 of federal unemployment benefits that lasts for ten weeks. But because Rhode Island’s June unemployment rate of 8.9 percent brought the state’s average down below the threshold, it can no longer offer those ten weeks of extra benefits.

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RI Economy
4:01 pm
Thu July 18, 2013

RI Unemployment Rate: Not Falling, but Not Climbing Either

Rhode Island unemployment rate held steady in June.
Credit file / RIPR

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.

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RI News
8:10 am
Fri June 21, 2013

Unemployment Rate Rises in Rhode Island

Rhode Island's unemployment rate rose for the first time since 2011.

Like the national unemployment rate, Rhode Island’s jobless rate rose slightly in May. 

Rhode Island’s unemployment rate rose to 8.9 percent in May – up one tenth of a percentage point from the April rate.  It was the first month-over-month increase in the state’s un employment rate in almost two years.

The number of unemployed Rhode Islanders – those classified as available for and actively seeking work – was 49,600 – up 200 from the April figure.  Over the year, however, the number of unemployed has fallen by almost ten thousand.

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RI News
8:47 am
Thu June 20, 2013

Long Term Unemployment Persists in Rhode Island

Dan Walsh is one of Rhode Island's roughly 12,000 long term unemployed.
Credit Flo Jonic / RIPR

Imagine having nowhere to go in the morning. You’re constantly worried about money. Your self esteem is low and you’re forced to dip into savings to pay for life’s most fundamental needs. This is the lot of the unemployed in Rhode Island – the daily struggle of some 49,000 residents. And the desperation only increases with the passage of time.

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