This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Rhode Island Struggles With Highest Unemployment

By DAVID KLEPPER

PROVIDENCE, R.I. (AP) â¿¿ Mark Simmons began dialing Rhode Island's unemployment call center at 8 a.m. on a recent Monday. He got a busy signal. He tried 67 more times before the automated system picked up and told him that because of heavy call volume, he should try back another time.

People applying for unemployment benefits in this state with the nation's highest jobless rate must wait on hold an average of 51 minutes. Not only that, but some of those interviewed by The Associated Press say that their benefits are often weeks late and that when they try to speak to a human about the problem, they're referred to a computer.

"This is about whether I can buy groceries or whether I'm going to be evicted," said Simmons, a 42-year-old Army veteran who has gotten by on part-time wages and unemployment since losing his job at a Providence bookstore in 2011. "I sit in my apartment, dialing the number again and again, when I'm supposed to be looking for jobs. It's like, what do I pay taxes for?"

While many states are well on the way to recovery 2½ years after the end of the Great Recession, financially ailing Rhode Island stands apart. And it inadvertently made things more difficult for its unemployed with an automated system that can't handle the demand, and a remarkably ill-timed decision to lay off scores of workers at the call center.

State officials acknowledge the problems and say they are rehiring staff and have upgraded the automated system. But the mess has illustrated how slowly and painfully recovery has come to Rhode Island.

With a population of just over 1 million, Rhode Island has 57,800 jobless people and is tied with Nevada for the highest unemployment in the nation, at 10.2 percent, as it seeks to reverse a long, slow decline that began well before the recession.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,684.94 +6.71 0.04%
S&P 500 2,058.81 +2.66 0.13%
NASDAQ 4,875.09 +11.7280 0.24%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs