Employment Consequences of Kid-Brother Economics
A more in-depth look at Rhode Island’s employment and unemployment trends in the national context reveal the Ocean State’s predicament to be uniquely dire.
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A more in-depth look at Rhode Island’s employment and unemployment trends in the national context reveal the Ocean State’s predicament to be uniquely dire.
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Provide more options for more people for affordable, quality, healthcare services! The expansion of complex government and special-interest control over our highly personal healthcare decisions will not give Americans what […]
Right to Work = FREEDOM for Ocean State workers! All workers want full freedom to pursue a career of their choice. Freedom of Association is a core American liberty that […]
. Rhode Islanders want more financial security and control over their own lives. Increased job opportunities, higher wages, and enhanced job security can all be achieved in a robust economy. […]
Rhode Island is leading the nation in the advancement of a larger entitlement culture via its planned expansion of social services through a health benefits exchange, a component of the controversial federal healthcare law. When collecting detailed personal financial and household information from individuals seeking health insurance support, the state intends to proactively enroll participants in other state programs for which they are eligible.
Gainful employment is disappearing from the experience of the American teenager (ages 16 to 19), and increasing minimum wages are part of the problem. In Rhode Island, teen unemployment was 28.3% in 2011, more than double its 2007 low of 12.9%, and hours worked per week had fallen from 10.0 to 6.1. Rhode Island’s minimum wage climb from $6.75 in 2004 to $7.75 for 2013 will have cost 597 teenage jobs. As teenagers’ employment has fallen and their average hours worked per week have decreased, the weekly working hours per 100 teens in the population has dropped 62% – and 79% for those without high school diplomas. Because 70% of working teens are in the retail or leisure/hospitality industries, a bold policy change such as eliminating the state sales tax would be especially beneficial to them.
For nearly a decade, taxpayers have been leaving Rhode Island. With cities and towns facing wave after wave of difficult decisions, a change of policy course is critical. Between 2003 and 2010, the net migration out of the state has left Rhode Island with 24,455 fewer income-tax-paying households with a total of $1.2 billion of annual income.
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