All Things Recruiting & Employment

Home | Jobs | Free Resume Builder | Recruiting News | Outplacement Services | NYC jobs | Audio jobs

Tuesday, July 29, 2008

 

Future of 500 Rhode Island Jobs Unknown

The number of residents unable to find a Rhode Island job rose again during June. According to the most recent statistics, 7.5 percent of the population is now unable to find work. This is the highest the figure has been in almost 15 years. With the national average being significantly lower at 5.5 percent, Rhode Island now has one of the highest unemployment rates in the country.

A newly released state Department of Labor and Training survey showed that over 42,000 residents are without a job but looking for employment. So far this year, Rhode Island has lost approximately 8,600 jobs. The industries which have suffered the most include manufacturing, professional and business services and the financial sector.

The state could potentially lose 500 more jobs in the near future due to the U.S. Navy deciding against building a new generation of destroyers. These ships were to have been computers designed by subcontractor Raytheon Co, which may see the need to layoff a number of different workers now that Navy officials have changed their plans.

Recently Navy Secretary Donald Winter made it known to members of Congress that the Navy will only be purchasing two Zumwalt-class destroyers. Originally, these high-tech stealth ships were planned to replace the smaller Arleigh Burke-class destroyers. Price has likely played a huge part in this decision, as Zumwalts have been estimated to cost as much as twice the $1.3 billion Arleigh Burkes.

Subcontractor Raytheon will still be responsible for designing, building and installing the electronic systems on both of these vessels. These computers will be responsible for everything from commanding the launch of missiles to sending e-mails, says company spokesperson Guy T. Shields. He had no estimate on the exact number of individuals at Raytheon’s Rhode Island facility are actually working on the project.

At this point, the company is still unsure of how the Navy’s recent announcement will effect the jobs of those who were to be assigned on the originally larger scale project. “We don’t know because the Navy hasn’t talked to us,” Shields said.

Labels:






<< Home

Archives

July 2006   August 2006   September 2006   October 2006   November 2006   December 2006   January 2007   February 2007   March 2007   April 2007   May 2007   June 2007   July 2007   August 2007   September 2007   October 2007   November 2007   December 2007   January 2008   February 2008   March 2008   April 2008   May 2008   June 2008   July 2008   August 2008   September 2008   October 2008   November 2008   December 2008   January 2009   February 2009   March 2009   April 2009   May 2009   June 2009   July 2009   August 2009   September 2009   October 2009   November 2009   December 2009   January 2010   February 2010   March 2010   April 2010   May 2010   June 2010   July 2010   August 2010   September 2010   October 2010   November 2010   December 2010   January 2011   February 2011   March 2011   April 2011   May 2011   June 2011   July 2011   August 2011   September 2011   October 2011   November 2011  

This page is powered by Blogger. Isn't yours?