BATH, Maine (AP) — Bath Iron Works is laying off another 38 workers. Shipyard spokesman Jim DiMartini said Machinists Union Local S6 was alerted Friday and individual workers will be notified next week. The jobs will be eliminated on Oct. 12. It’s the third layoff announcement at BIW this month. The shipyard previously announced elimination […]
jobs
Obama: ‘Top-down’ economics never works
MILWAUKEE (AP) — President Barack Obama worked to squash GOP hopes for a resurgence in pivotal Wisconsin on Saturday, pushing back against his GOP rival’s complaints about an overly intrusive government and attracting his biggest crowd of the campaign. Mitt Romney took precious time away from campaigning in the battleground states to troll for cash […]
A free ride might fill job market
The Maine CareerCenter held a job fair Monday morning. The event was held at its office on Mollison Way in Lewiston where more than 30 employers — all of whom are hiring — were available to talk to job seekers. This was, in simple terms, a recruitment effort by Carbonite, Cianbro, Fastenal, FedEx, Geiger Bros., […]
Fed seeking to create wealth, not just cut rates
WASHINGTON (AP) — The Federal Reserve wasn’t just trying to drive interest rates lower when it announced a third round of bond purchases Thursday. It also wants to make Americans feel wealthier — and more willing to spend. The idea is for the Fed’s $40 billion-a-month in bond purchases to drive down interest rates and […]
Slight decrease in Oxford Hills unemployment rate
OXFORD HILLS — The state-wide unemployment rate has remained relatively flat over the past year, even as Oxford Hills has witnessed a slight decrease in unemployment. The U.S. Department of Labor’s Bureau of Labor Statistics reports that statewide, the seasonally-adjusted unemployment rate in July was 7.6 percent – exactly the same as July 2011. The […]
Gloomy jobs report shadows race with 60 days left
Employers added just 96,000 jobs in August, not nearly enough to seriously dent unemployment, let alone inspire confidence that the economy is getting better. Even the good news — the unemployment rate dropped from 8.3 percent to 8.1 percent — resulted from many job-hunters just giving up. “We’re going in the wrong direction,” Romney declared, […]
CareerCenter workshops listed
LEWISTON — The Lewiston CareerCenter, 5 Mollison Way, announces September workshops of note, in addition to its regular programming: Sept. 6 from 9 a.m.- noon: “HR Experts” — a group of four human resource professionals will talk about resumes, applications, cover letters, interviews and the job search process from an HR perspective. Sept. 11 from […]
Lawmakers to seek $100M fishermen relief package
BOSTON (AP) — New England lawmakers are preparing to ask Congress for $100 million in disaster relief funds for fishermen, including money to help them exit the industry if they wish and subsidies for those who stay in. The proposal is outlined in a draft letter to congressional leaders from Sen. John Kerry that’s being […]
Maine lost 10,000 jobs to China
PORTLAND – Maine has lost 10,000 jobs since 2001 because of U.S. trade with China, according to a study released this week by a Washington, D.C.-based think tank. Since 2001, the year China joined the World Trade Organization, “the extraordinary growth of trade between China and the United States has had a dramatic effect on […]
Maine’s unemployment figures better than national rate for July
AUGUSTA, Maine — Maine’s unemployment rate in July was 7.6 percent, slightly higher than June, but unchanged from the same month last year, according to preliminary estimates released today by the Maine Department of Labor. Maine continues to have lower unemployment rates, higher rates of labor force participation and a higher share of population that […]