October 18, 2012

Rhode Island Economy Booming! Or Not.

Justin Katz

According to a press release from the RI Department of Labor and Training — the last to report this data before the election — Rhode Island's unemployment rate dropped to 10.5% in September, its lowest level since April 2009.  The change was on the strength of the state's " largest monthly increase of employed RI residents since the Bureau of Labor Statistics implemented the current methodology in 1976."

Did it feel as if Rhode Island's economy took off at an historic rate, last month?

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