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Economist: RI unemployment to peak near 14 percent

Economist: RI unemployment to peak near 14 percent

(NECN/AP: Providence, R.I.) - An economist warns the unemployment rate in Rhode Island will keep growing before peaking at 13.8 percent next year. Economist Andres Carbacho-Burgos of Moody's Economy.com made grim financial predictions Wednesday to a panel of state budget officials trying to estimate how much income the state government can expect. Gov. Don Carcieri must use those estimates when writing the state budget. read more

NECN | November 4, 2009Watch more videos from NECN

Tags:. .necn. .moody. .providence. .burgos. .unemployment

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