November 20, 2012

October Employment: Boomtime in Rhode Island?

Justin Katz

Rhode Island's employment results, as reported by the U.S. Bureau of Labor Statistics (BLS), would surely surprise the tens of thousands of Rhode Islanders who are struggling to survive the state's continuing downturn: For the second month in a row, the Ocean State led the nation in employment growth. The state still has the second worst unemployment rate, and it is still the second farthest state from its pre-recession peak, but the gap — huge as it grew — is closing.

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