While last week appeared to bring good news that no longer did Rhode Island suffer from the worst unemployment rate in New England, a broader look at longer-term trends shows a much more ominous tint to the state's true employment picture.
The conclusions of separate analysis pieces, posted by the RI Center for Freedom & Prosperity and its Ocean State Current journalism arm, are that the image of an improving Ocean State employment picture is a mere illusion.
Based on January 2015 data, some of the findings show that Rhode Island:
"Policymakers should not jump to the conclusion that our state's economy and jobs market is moving in a desirable direction," suggested Mike Stenhouse, CEO for the Center, which for years has been warning against staying on the state's status quo policy path. "Once you look at the entire picture, and as our Center projected years ago, recent legislative actions have not improved the situation and, similarly, we do not believe that the Governor's proposed budget will significantly brighten the outlook. Bold, across the board tax and spending cuts are what we need."
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