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In 2022, Rhode Island's GDP reached $55.4b, representing an increase of 1.0% from 2021. Rhode Island's GDP has grown at an annualized rate of 2.1% over the five years to 2022.
Designation of Status as an Independent Contractor Online Form. This form clarifies the relationship between a contractor and the business hiring the contractor. Submitting this form means that the contractor is not an employee of the hiring business for workers' compensation purposes.
Total U.S. employment is projected to grow from 153.5 million to 165.4 million from 2020 to 2030, an increase of 11.9 million jobs, or 7.7 percent.
How to register as a contractor in Rhode Island Register your businesses with the Contractor's Registration and Licensing Board. Attend five hours of Pre-Education Courses. ... Obtain a $500,000 Certificate of Liability Insurance and a Certificate of Worker's Compensation Insurance.
At a labor force participation rate of 63.7 percent, Rhode Island is tied for 19th in the nation.