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Summary
of Findings
The annual report entitled, "Rhode
Island Employment and Wage Analysis," highlights Rhode Island’s
employment and wage data in 2007 and provides a comparison to annual
employment and wage data from 2006. Key findings for 2007 include:
• A meager 22 private sector jobs were
added in Rhode Island between 2006 and 2007.
• The 2007 average annual wage in
the private sector increased by $1,095 from 2006.
• The
Health Care & Social Assistance sector employed over 18 percent of the
state’s private sector workforce and added nearly 1,600 jobs from 2006.
• Nine
industry sectors experienced employment losses between 2006 and 2007.
• Annual wage growth was reported
in 14 of the 19 private industry sectors, with the annual wage in the
Management of Companies & Enterprises sector increasing by over
$5,600.
• Management of Companies &
Enterprises was the highest paying sector, with workers averaging over
$96,000 in 2007.
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