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Scenes from The University of Rhode Island

URI economist: ĎR.I.ís year from hell continued in Sept.í

Media Contact: Dave Lavallee, 401-874-5862

WHAT: Rhode Islandís abysmal year continued in September. The stateís unemployment rate, 8.8 percent in September, led the nation, beating even Michigan. As bad as Septemberís unemployment rate was, it isnít finished rising.

WHO: URI Professor Leonard Lardaro, creator and author of the Current Conditions Index.

WHEN: For release today, November 10, 2008

HOW: Use enclosed information, including summary and charts prepared by Lardaro for news reports. He is available for broadcast and print interviews. The new information and other historical information can also be found on Lardaroís web site at http://members.cox.net/lardaro/current.htm.

FOR
INFORMATION: Leonard Lardaro, office, 401-874-4128, home, 401-783-9563
Dave Lavallee, URI Department of Communications, 401-874-2116.

BACKGROUND: The Current Conditions Index, created by Lardaro, measures the strength of the present economic climate in R.I. by following the behavior of 12 indicators.