Despite pandemic, RI sees record number of new businesses started in 2020

Lauren Ezovski spent two decades working at her last job before she was let go in October, joining the thousands of Rhode Islanders who have lost work during 2020.

The coronavirus pandemic has shuttered businesses and fueled unemployment, which spiked to 18.1% in April before steadily declining as the state’s economy started to recover. By November, the unemployment rate had improved to 7.3%, but it’s still more than double what was seen in the months before the pandemic hit.

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