PROVIDENCE – Agoda Company Pte. Ltd. has filed a Worker Adjustment and Retraining Notification, informing the state that it is closing its Rhode Island office, affecting 62 employees, effective March 18, according to the R.I. Department of Labor and Training Tuesday evening. DLT said it will reach out to the company to offer rapid response services. The travel-accommodations booking company is owned and operated by Booking Holdings Inc., which also owns and operates Priceline, Kayak, Booking.com, Rentalcars.com and OpenTable. In its most recent filing with the Securities and Exchange Commission, Bookings Holdings noted that Agoda caters “primarily to consumers in the Asia-Pacific region.” R.I. Commerce Corp. also issued a statement on the closure, noting that the company had received no incentives from the state as it had not hit any of the thresholds required for incentives. The company had been eligible for up to $4.1 million under the Qualified Jobs Incentive Tax … [Read more...] about Agoda files WARN notice, R.I. closure affects 62 employees
R i department of labor
If you don’t catch on at the top of Rhode Island’s labor market, you may slip all the way to the bottom. That’s because the middle of the job market is comparatively stagnant, according to a Providence Business News analysis of state labor statistics. PBN examined federal job data and the R.I. Department of Labor… … [Read more...] about Job growth in R.I. is expected to come at the top and bottom of the pay scale. Where will that leave the middle class?
PROVIDENCE – After falling 0.1 percentage points month-to-month in August, the Rhode Island seasonally adjusted unemployment rate rested at 4.0 percent, per a report from the R.I. Department of Labor and Training Thursday. August’s measure marks a 0.4 percentage point year-over-year decline from the 4.4 percent measured in Rhode Island in August 2017. “When I took office the state’s unemployment rate was one of the worst in the nation at well over 6 percent. People were struggling. The consistent improvement we’ve seen is proof that our approach is working, and we need to keep going,” said Gov. Gina M. Raimondo in a statement Thursday. “It’s more important than ever that we protect our investments in job training and our innovative economic development programs to ensure we don’t lose any of the traction we’ve gained.” Nationally, the unemployment rate was 3.9 percent in August, reflecting no change from July but a 0.5 … [Read more...] about R.I. unemployment continues to decline in Aug., hits 4%
NORTH KINGSTOWN – As offshore wind farms begin to pop up along the Eastern Seaboard, Rhode Island – home to the first such alternative energy plant – is preparing to defend its position among the nation’s top wind-friendly states. Over the last 10 months, WindWinRI, a $100,000 Real Jobs Rhode Island grant program announced Thursday by Gov. Gina M. Raimondo at North Kingstown-based manufacturer Anvil International LLC, has developed a high school certification curriculum to prepare the next generation of local wind energy workers. “For every one commercial offshore wind project, 1,000 supply chain jobs [are created],” Kristin Urbach, executive director of the North Kingstown Chamber of Commerce, told Providence Business News in an interview Thursday. “Offshore wind is an excellent source of local, clean and reliable alternative energy,” said Urbach, adding a pipeline is necessary to fill the jobs coming via Deepwater Wind projects … [Read more...] about Governor, Real Jobs RI promote R.I. as home to next-gen wind energy workforce
PROVIDENCE – The Rhode Island seasonally adjusted unemployment rate was 4.1 percent in July, two-tenths of a percentage point lower than the unemployment rate in June, according to a Thursday report from the R.I. Department of Labor and Training. A year-over-year comparison saw the Ocean State’s seasonally adjusted unemployment rate fall 0.3 percentage points compared with July 2017’s 4.4 percent unemployment rate. July’s national unemployment was 3.9 percent, a 0.1 percentage-point dip from June’s 4.0 percent and a 0.4 percentage-point decrease from July 2017’s 4.3 percent. There were 23,300 unemployed Rhode Islanders in July, a decrease of 700 individuals from June and 1,100 year over year. Nearly 42 percent, 41.9 percent, of the state’s total unemployed, or 9,779 individuals, collected unemployment insurance benefits in July. This figure represents a year-over-year decline of 659 individuals who collected UI benefits than in July 2017 but … [Read more...] about Unemployment ticks down, job gains continue for R.I. in July