This headline from my hometown paper, The Providence Journal, says everything you need to know about why Rhode Island has the highest unemployment rate in the nation:

Assembly Considers Making R.I. Attractive To Business

An overwhelming government budget fed by high taxes, a Democratic state legislature beholden to labor unions which overrides gubernatorial vetoes at will, and a culture of jealousy toward those who succeed.

Is Rhode Island our future?

UPDATE 11/21/2008: R.I. unemployment rate climbs to 9.3%