RI Adds 4,200 Jobs in April -- First Positive Job Growth Month in 2019 UPDATED
GoLocalProv Business Team
RI Adds 4,200 Jobs in April -- First Positive Job Growth Month in 2019 UPDATED
This is the first positive month for jobs in 2019 for Rhode Island.
“We’re continuing to make key investments in the fundamentals of our economy, and this report is another sign that our strategy is working. We’ve trained thousands of workers, recruited dozens of new companies, supported hundreds of small businesses, and invested millions in roads, bridges and schools," said Governor Gina Raimondo.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLAST"These efforts have resulted in record job numbers and the lowest unemployment rate in three decades. We need to build on this momentum by doubling down on the job training and economic development programs that have helped turned our economy around,” she added.
URI Economist Len Lardaro has warned the Rhode Island may be edging towards a recession.
"Rhode Island ended the first quarter on a continuing note of concern. The Current Conditions Index rose from its downwardly revised value of 33 for February to only 50 in March, its neutral value, as only six of the twelve indicators improved. For two of the three months in the first quarter, the CCI failed to attain expansion values. In fact, the average of the CCI values for the first quarter is close to its neutral value of 50. Rhode Island’s economy didn’t just begin to slow in the first quarter of this year. The Current Conditions Index has shown that since the end of 2015, economic performance here has been spotty at best, and consistently disappointing," reported Lardaro
Read the rest of his report HERE.
RI Adds Jobs
Nonfarm payrolls in Rhode Island rose to 500,300 in April, an increase of 4,200 jobs from the March revised payroll estimate of 496,100.
The number of employed Rhode Island residents was 532,600, down 300 from March.
The Rhode Island labor force totaled 553,000 in April 2019, down 1,100 from March 2019, and down 2,600 from April 2018 (554,100).
Unemployment Rate Drops
The unemployment rate dropped one-tenth of a percentage point to 3.7 percent.
The number of unemployed Rhode Island residents was 20,400, down 800 from March.
Since April of 2018, the number of unemployed decreased by 2,500.
The U.S. unemployment rate was 3.6 percent in April 2019, down two-tenths of a percentage point from the previous month and down three-tenths of a percentage point over the year.
19 to Watch in 2019 - FULL LIST
Angie Armenise
Chef and co-owner of Blackie’s Bulldog Tavern in Smithfield, Angie Armenise has it all going. Expansion to a new and larger location, a wonderfully loyal customer base and a big stack of awards -- and more to come in the new year. READ MORE
Marcela Betancur
Marcela Betancur, the new head of Latino Policy Institute at Roger Williams University and will be the power behind Latinx think tank in 2019.
Betancur, a Central Falls native, most recently worked READ MORE
Brian Goldner
No one will influence the psyche of Rhode Island more this year than Hasbro CEO Brian Goldner. After the loss of the PawSox to Worcester and the closing of Rhode Island’s beloved Benny's in 2017, Rhode Islanders are a bit raw.
He is poised to announce that Hasbro is...READ MORE
Cortney Nicolato
New United Way of Rhode Island President and CEO Cortney Nicolato succeeded Anthony Maione in 2018 — and takes on her first full year at the helm of the social service organization in 2019.
She is a Rhode Islander turned Texan returned back to Rhode Island. The Pawtucket native is all about Rhode Island and is passionate about helping to improve issues of housing affordability and the quality of education in RI. She is the mother of two elementary school-aged children. READ MORE
Sabina Matos
It is the rise of the Phoenix in Providence. On Monday, Sabina Matos won back the Presidency of the Providence City Council and returns to the top legislative position in the City of Providence.
As Providence goes so goes Rhode Island. Matos will be faced with taking on some of the most difficult issues in the state. READ MORE
Jamie Bova
The Newport City Councilor At-Large lined up the votes to votes for Mayor after being elected to just her second term on the Newport City Council this past November.
Bova, an engineer who grew up in Middletown, attended URI, and moved to Newport in 2012, succeeds Harry Winthrop as the city faces major changes ahead for 2019, including the construction of a new hotel on Thames Street — and more hotel proposals in the pipeline — and READ MORE
Jennifer Wood
The former private practice attorney turned top government aide turned non-profit director might have her biggest — and most public — battle on her hands in 2019.
RI Center for Justice Executive Director Jennifer Wood joined GoLocal News Editor on GoLocal LIVE where she spoke to the next steps after filing a federal class-action lawsuit in late November on behalf of all Rhode Island public school students to establish the right, under the U.S. Constitution, to an adequate education to prepare young people for full civic education.
Catholic Church Sex Abuse Survivors
In 2018, Bishop Tobin with the Diocese of Providence landed on GoLocal's “18 to Watch” as the Catholic Church was — and continues to remain — at the center of lawsuits pertaining to the collapse of the St. Joseph pension fund.
He’ll remain squarely in the spotlight — and not for good — in 2019, when he has pledged to release a list of names of abusive priests “credibly accused” over the years in the Diocese, as pressure mounts nationally for how sexual abuse claims were handled around the country — READ MORE
Matt Voskuil
One of Newport’s most iconic — and upscale — dining locations has a new look, a new chef — and people are taking note not just in Newport, but beyond.
Executive Chef and Director of Food and Beverage, Matt Voskuil at the newly opened Cara at the Chanler READ MORE
David Torchiana
The most powerful person in healthcare in Rhode Island may soon be a man who rarely visits the state and few here know his name.
Dr. David Torchiana is the CEO of Partners HealthCare and he is poised to push through an acquisition of Rhode Island’s second largest hospital group, ending the local control over three of Rhode Island’s most important healthcare assets. And, the deal has the potential of putting in peril thousands of Rhode Island jobs through consolidation. READ MORE
RI GOP Party Chair
Rhode Island Republican Party Chair Brandon Bell was defeated in his run for the General Assembly in 2018.
Republican Cranston Mayor Allan Fung lost in his second attempt at the Rhode Island Governor’s office, after a bruising primary that saw former opponent and House Minority Leader opt to endorse former Republican-turned-independent (and honorary chair for President Donald Trump’s campaign in Rhode Island) Joe Trillo. READ MORE
Anthony Baro
Anthony Baro heads Newport-based PowerDocks — one of Rhode Island’s most interesting startups. It is a market-making green tech company that, in many ways, combines the best of Rhode Island.
The emerging maritime renewal energy company is having an impact in the U.S. and globally. READ MORE
Blake Filippi
Blake Filippi is the new House Minority leader and is a fresh-faced leader for the GOP in Rhode Island. But, he faces a number of challenges. READ MORE
Desmond Cambridge
Brown University sophomore basketball player Desmond Cambridge has been a human highlight film his first year and a half on College Hill. He won Ivy League Freshman of the Year and this year he is READ MORE
Sarah Markey
South Kingstown School Board member Sarah Markey has been at the center of controversy since her election in November.
Markey, a top labor leader for the RI National Education Association, has drawn criticism by Democrats, Republicans and multiple municipal attorneys because READ MORE
Peter Neronha
Peter Neronha, the new Attorney General, takes over for the controversial Peter Kilmartin. The former U.S. Attorney for Providence now faces a far busier assignment than his federal one. READ MORE
Dylan Conley
Dylan Conley seems to be everywhere. Recently, GoLocal featured the attorney as one of Rhode Island's "Emerging Leaders."
He is the chairman of the Providence Board of Licenses and is in a hotbed READ MORE
Mike McGovern
Chef Mike McGovern -- formerly the chef at Red Stripe -- is taking the helm at East Greenwich's Kai Bar -- and now 241 Main Sports Bar and Grill.
Kai Bar is a combination of small plates and big drinks, “Kai offers a rotating small plates menu from an award-winning Chef and Craft Cocktails READ MORE
BIg Tourism Voids
Tourism is one of the most important sectors of the Rhode Island economy and two of the most important positions in the state are now vacant. READ MORE
