Providence area lost third-most jobs in the US over last year
August 29th, 2012 at 12:07 pm by Ted Nesi under Nesi's Notes, On the Main Site
The U.S. Bureau of Labor Statistics is out with the metropolitan employment report for July, and it contains more bad news about Rhode Island’s economy (emphasis mine):
The largest over-the-year decrease in employment [as of July] occurred in Milwaukee-Waukesha-West Allis, Wis. (-6,000), followed by Brownsville-Harlingen, Texas (-4,700), and Providence-Fall River-Warwick, R.I.-Mass. (-4,100). The largest over-the-year percentage decrease in employment was reported in Dalton, Ga. (-6.0 percent), followed by Great Falls, Mont. (-4.8 percent), Hot Springs, Ark. (-4.7 percent), and Danville, Ill. (-4.5 percent).
Slate’s Matt Yglesias has more on the problem.
Tags: employment, unemployment
Nesi's Notes covers politics and the economy in and around Rhode Island for WPRI.com. (Twitter: 
How about another round of that so successful “Stimulus”? I’m sure the “Social”(ist) Democrat Congressional delegation can come up with more compassionate spending, welfare,taxing those evil rich, and “shovel ready” projects. How about spending( and deficit borrowing) on signs every few feet on the state line. They could read “Welcome To Rogues Island…. Will Anyone Please Buy This Turkey”?
Nobody wants to come into Providence and do business.We have one of the more dangerous cities in the country.Thank you again for that Linc and Pare.
This is the legacy of years of neglect by a constituency who remain completely asleep. These things take decades to fall apart, and even longer to piece back together.
In the coming election, prepare to be shocked that the same politicians who lack the ability to respond to “one word answer” questions, will again be reelected.
Why is this even a news story? All you have to do is look at how business is looked at by the elected officals at all levels of government in Rhode Island. Many elected officals want to be businesses silent partner. That is called exctorttion. What the elected officals need to do is reduce the compensation and benefits to state and municipal workers while eliminating the welfare state that is plauged with fraud, waste, and abuse. My estitmate of the 150K people receiving aid, 85% of that 150K are either committing fraud, abusing the system or are the benefit of waste. That is 127,500 people who should be working, looking for work or looking to relocate.