Tag Archives: Rhode Island Unemployment at 10.2%

RI DLT Director Fogarty

Rhode Island’s unemployment rate fell from 10.4 to 10.2 percent. So significant was this to the Chafee Administration, that Charles Fogarty from the Department of Labor and Training sprinted to the airwaves to tout this most momentous of occasions. After listening to Fogarty’s painful “right direction” diatribe, I did a little numbers juggling of my own.

At our present rate of recovery here in “Little Rhody”, we might be at the current national unemployment level by the year 2017. Moreover, the trending numbers, or “indicators” as they are sometimes called, do not take into consideration those who have simply dropped off the employment radar or moved away, nor do they account for small business friendliness and cost of living factors which are all “trending” badly to say the least…

Adding insult to “The Ocean States” already embarrassing economic injury, WPRO Radio Personality Dan York reminded his listeners yesterday, that if Massachusetts Governor Deval Patrick has his way and lowers the state sales tax to 4.5 percent, there won’t be enough retail money left in Rhode Island to pay for an order of “Chowda” and Clamcakes…