Those with healthcare jobs in Rhode Island may be affected by the information released in a new report.

The Rhode Island Department of Health recently released The Health of Rhode Island’s Hospitals, a report that details the financial performance of the state’s 13 hospitals from 2005 to 2008. The report found that even though Rhode Island hospitals were more profitable than others in the Northeast in 2007, the financial performance of local hospitals declined during 2008.

Overall, hospitals in Rhode Island saw a 12 percent loss in net worth during 2008, which can mostly be attributed to losses in their investments as opposed to declines in patient revenue. In fact, patient revenue increased 6 percent from 2007 to 2008.

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More RI government jobs have been lost than government jobs in any other state.

A recent report from the Nelson A. Rockefeller Institute of Government found that state and local government jobs in Rhode Island decreased by 3.5 percent from June 2008 to June of this year. This is the highest rate of government job loss in the entire country.

Nevada had the second-most cuts, eliminating 2.9 percent of state and local government jobs. Maine saw its government jobs decline by 2.2 percent, while Arizona and South Carolina both saw their government jobs decline 2.1 percent. These were the only states to cut more than 2 percent of public jobs.

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Several Rhode Island jobs will soon be saved as two state shipyards receive federal funding. Visit http://www.rijobs.com to learn more.

Two Rhode Island shipyards will receive $2.6 million in federal funding through the American Recovery and Reinvestment Act to help create and preserve jobs for ship builders. Blount Boats, Inc. of Warren and Senesco Marine of North Kingstown were each awarded the money under the Small Shipyards Grant Program.

Blount Boats, Inc. will receive $868,186 and Senesco Marine will receive $1,792,347. The Small Shipyards Grant program, created under the ARRA, has so far provided $98 million in funding to more than 70 shipyards throughout the country.

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One large telecommunications company is planning to eliminate several tech jobs in Rhode Island.

The International Brotherhood of Electrical Workers union Local 2323, which represents Verizon Communications‘ Rhode Island employees, recently announced that the company plans to layoff all of its 291 splice-service technicians who have been hired in Rhode Island and Massachusetts since August 2003.

Verizon announced earlier this year that it planned to eliminate 8,000 jobs in the United States. Union leaders are saying they were told 72 Rhode Island employees would lose their jobs and 219 workers in Massachusetts would lose theirs.The company has reportedly declared 1,246 employees in the two states as “surplus,” with 567 of those being splice-service technicians.

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One company is helping to create more manufacturing jobs in Rhode Island.

CrimzonRose, a jewelry manufacturing company based in North Providence, recently announced that it plans to hire 60 workers for jobs in the state. The creation of the additional jobs are possible because CrimzonRose recently acquired Erica Lyons Inc., a company based in Florida.

According to an article by The Providence Journal, Susan Lyons, the creative force behind Erica Lyons Inc., and a staff of about 30 workers will remain in Florida, while the distribution and warehouse operation in the state will close down and those functions will be transferred to Rhode Island. Despite the added jobs in Rhode Island, the company’s purchase of Erica Lyons resulted in about 75 Florida employees losing their jobs.

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The State of Rhode Island is among those that are not seeing any relief from the current economic recession, with the state continuing to lose more jobs and Rhode Island unemployment continuing to increase.

During June, Rhode Island saw its unemployment rate increase from 12.1 percent to 12.4 percent, which is higher than the national unemployment rate at the time of 9.5 percent. The state has not seen its unemployment rate decrease since January 2007, when it went from 4.9 percent to 4.8 percent.

Rhode Island had a total non-farm employment of 462,900 workers during June, according to the United States Department of Labor Bureau of Labor Statistics. This is down from 463,800 workers during May and a 4.1 percent decrease from last year.

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Two large corporations are planning to add more jobs in Rhode Island. Click here to learn more.

This is welcome news to all the job seekers in Rhode Island. During June, the state saw its unemployment rate increase from 12.1 percent to 12.4 percent, which is higher than the national unemployment rate of 9.5 percent.

The state had a total non-farm employment of 462,900 workers during June, according to the United States Department of Labor Bureau of Labor Statistics. This is down from 463,800 workers during May and a 4.1 percent decrease from last year.

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The goal of the American Recovery and Reinvestment Act was to create jobs throughout the country. So how has it fared as far as creating jobs in Rhode Island?

Not good, according to an article by The Providence Journal. It seems as though most of the $155 million Rhode Island received has been used to close the state’s budget deficit, not for creating jobs.

Since President Barack Obama signed the stimulus bill in February, the unemployment rate in Rhode Island has continued to increase. During June, the state saw its unemployment rate increase from 11.1 percent to 12.1 percent. It was at 10.5 percent when the stimulus was passed. During that time, more than 9,000 people have lost their jobs, making total jobless numbers reach about 68,456.

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One well-known investment company is helping to create finance jobs in Rhode Island.

Fidelity Investments has announced its plan to move 500 jobs from other locations to the company’s Smithfield location. The company currently employs about 2,300 workers in Smithfield. The new jobs are expected to pay from $50,000 to $60,000 per year.

The Smithfield operation handles a variety of tasks for the company, including direct investment, the company’s online retail brokerage operation and the company’s retirement-savings operation, which includes administering 401(k), 403(b) and other employer-sponsored retirement-savings plans.

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Rhode Island green jobs are growing faster than others throughout the state.

The Pew Charitable Trusts recently released The Clean Energy Economy: Repowering Jobs, Businesses and Investments Across America, a study that found jobs in Rhode Island’s renewable-energy industry grew at a slightly higher rate than overall jobs from 1998 to 2007. The study found that jobs in the clean-energy sector increased by .7 percent during the 10-year period, compared to .6 percent for all jobs.

Even though the state saw faster growth in the green jobs industry, it was behind the national rate. Throughout the country, green-collar jobs increased by 9.1 percent to 770,000 jobs. Total jobs increased by only 3.7 percent throughout the nation.

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