Chafee: unemployment office layoffs show economy recovering
Posted: 6/7/2012 10:46:13 AM
Updated: 6/7/2012 10:59:35 AM
Governor Lincoln Chafee says the 60 to 70 layoffs coming to the unemployment office at the Department of Labor and Training is an indicator that the Rhode Island economy is recovering.
As people are getting laid off they are hiring at DLT and with the stabilizing of , its still not good, unemployment is still high but it is not the glut of requests for unemployment insurance, said Chafee.
When asked if he really believes that this is a sign that the economy is recovering he said, Yes, I do. Slowly but surely we are stabilizing, and ticking in the right direction. However state unemployment numbers show the opposite. In April, the states unemployment rate rose for the third consecutive month from 11.1% to 11.2%.
Chafee said there are less unemployment requests to process so the office can survive with less staff. Well the DLT is the opposite of the economy when the economy is bad they are hiring to deal with the unemployment insurance issues and as the economy stabilized unfortunately it goes the other way they start to lay off those employees that they had to hire during the glut of unemployment insurance requests, said Chafee.
Despite Chafees comments the DLT said yesterday in a statement that the 60 to 70 layoffs is a result of the end of the federal stimulus money.Dee DeQuattro | WPRO News
(6/13/2012 2:19:18 PM) |
When will people realize than all democrats and independents are baby eating communists, bent on destroying America. The only way to turn this around is to blindly vote Republican in every election!!!
(6/8/2012 4:34:05 PM) |
Is this guy nuts? They are laying off because the federal govt. pulled back funding because it has no money.
This is as bad as Obama saying the Private Sector is doing just fine.
These people are completely out of touch with reality and certainly with what is going on in this country.
(6/8/2012 8:06:47 AM) |
Chaffee is a complete idiot.
(6/7/2012 3:29:27 PM) |
only in RI. Correct, Obama tried to stimulate the economy by sending money to unions through the states to keep employment up, which of course stimulates nothing. With unemployment UP in RI again more people are giving up looking so less traffic at DLT. This guy is real idiot.
Second orse economy in the country but our "press" just regurgitates whatever they're told. Nice work WPRO
(6/7/2012 2:23:52 PM) |
All of the RI elected federal representatives
Congressmen and Senators hve failed to get stimulus monies to keep the 70 employees on the payroll. Tell itlike it is Chaffee
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