Rhode Island’s latest jobs report was released Thursday, and the numbers were ugly: unemployment ticked up to 9.1% in December and the labor force shrank again; in addition, 1,500 jobs were lost. It’s possible some of the numbers will be revised in a more positive direction, but the recovery is clearly disappointing.
Shortly before the new numbers came out, we taped a segment for next weekend’s Executive Suite where I break down why Rhode Island’s employment situation is so discouraging. Since the topic is timely, I thought I’d share it now. Watch and leave your reaction: