Rhode Island Business And Jobs Growth

A Rhode Island beach house.
A Rhode Island beach house. | Source

Insurance And Finance Businesses Are Healthy

The Financial Products & Insurance Industry includes such items as banking and financial products, investment portfolios, and business related products. Various lines of insurance are also included in this industry, especially growing since the advent of required health insurance under the Obama Administration.

Overall, this industry sector offers the most substantial business increases experienced around the State of Rhode Island as well as the highest percentages of increasing new job openings in the state from 2012 - 2016. If financial related jobs and products in Rhode Island are increasing, the state economy must also be rising.

Another industry that is on the rise since 2014 is the Transport Sector. Truck driving was the fastest growing occupation in most states during 2014 - 2015 and is continuing to increase in numbers of jobs offered in the later 2010s. This is true of Rhode Island.

Information Technology (IT) is a third leading industry among the Top 20 Fastest-Growing Jobs in Rhode Island. Several other various types of occupations complete the Top 20 list.

Working Trends

According to a 2014 state survey, 6.4% of employed Rhode Island residents aged 16 and older held more than one job simultaneously.

Rhode Island

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Rhode Island and Providence Plantations.

Rhode Island Employment Outlook Through 2022

Over 170,000 jobs will need to be filled in Rhode Island by 2022, according to the US Department of Labor.

The fastest growing occupational groups expected through 2022 in this state include:

  1. Construction & Extraction [mineral mining, oil extraction, natural gas etc.]
  2. Healthcare Support
  3. Personal Care Jobs
  4. Computers & Mathematics - Information Technology, Engineering, and related.
  5. Business & Financial Operations

We can see that financial products and insurance will remain a top industry in the state.

Jobs That Will Offer The Most Openings Through 2022

Certified Nursing Assistants or CNAs

Food Preparation & Servce Jobs

Registered Nurses (RNs)

Personal Care Aides and Home Health Aides (HHAs)

Retail Salespeople and Customer Service Representatives

Rhode Island maintains several installations commemorating the American Revolution.
Rhode Island maintains several installations commemorating the American Revolution. | Source

Large Employers In Financial Products - Contact for Jobs and Free Insurance Quotes

Interesting Successful Local Businesses

Hasbro toy company headquarters located in Pawtucket RI and their Mr. Potato Head is the official travel ambassador for the state.

The official drink of the state is coffee milk, which is milk containing coffee syrup. It is a little like a Mocha Ice Coffee at Tim Horton's.

Doughnut shops are extremely popular in Rhode Island and you will find many of them in the state.

Brown University, a major employer in this state, was named after Nicholas Brown, one of the leaders for ratifying the US Constitution.

Fluctuations in Rhode Island Jobs

Currently, fewer jobs are in the available in the state in Summer 2015, except for Truck Driving, Healthcare, and Sales.
Currently, fewer jobs are in the available in the state in Summer 2015, except for Truck Driving, Healthcare, and Sales. | Source

Top 10 Highest Demand Jobs

Highest Demand Jobs 2016 - 2017

  1. Truck Owner Operators and Company Truck Drivers
  2. Licensed Bankers
  3. Mortgage Loan Officers
  4. Registered Nurse (RNs)
  5. IT Engineering related jobs
  6. IT Applications Sales Jobs
  7. Senior Project Managers
  8. Retirement Center Jobs
  9. Speech-Language Pathologists
  10. Business Analysts

Native American Business in Rhode Island

Aquidneck Indian Council

  • Massachusett Language Revival Project
  • Project Director: Strong Woman; President: Moondancer
  • 12 Curry Avenue; Newport RI 02840-1412
  • Phone: (401) 849-6555

Narragansett Indian Tribe

  • Narragansett Indian Tribe; 4375-B South County Trail; Charlestown, RI 02813
  • Phone: 401-364-1100

Pokanoket Tribe of the Wampanoag Nation

  • Royal House of Pokanoket; 400 Metacom Avenue; Bristol, RI 02809
  • Phone: (401)253-7600

Business Service Organizations

Rhode Island Indian Council

  • Rhode Island Indian Council; 807 Broad Street; Providence, RI 02907
  • Phone: (401)781-1098 Ext. 26

Higher Education in Rhode Island

  • Brown University: Located on Waterman Street in Providence RI, this is one of the major local employers.
  • Bryant College: Smithfield
  • Community College of Rhode Island: Warwick, RI.
  • Johnson and Wales University: Providence, Rhode Island; with facilities in other states. Degrees are offered in business, hospitality, culinary arts, technology. Undergraduate, graduate, are doctoral levels are achieved by many students. Located at 8 Abbott Park Pl, Providence, RI 02903.
  • Naval War College: 686 Cushing Rd, Newport, RI 02841. The college has its own museum of the history of navy engagements.
  • New England Institute of Technology: Warwick
  • Providence College: Providence
  • Rhode Island College: Providence
  • Rhode Island School of Design: Providence
  • Roger Williams University: Bristol
  • Salve Regina University: Newport, Rhode Island
  • University of Rhode Island: Kingston, Providence, Narragansett Bay, W. Alton Jones Campus
  • Zion Bible College: Barrington, RI

Sports Related Opportunities in Rhode Island

College and High School

League Teams

Professional Sports Teams

  • Women's Premier Soccer -- Women's soccer enjoyed focus during the 2015 omen's World Cup, especially since USA went up against Japan in the finals in July.

© 2007 Patty Inglish

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