Gov. Janet Mills’ Economic Recovery Committee recommends long-term steps and investment to get the state’s businesses and society back on track.
Maine economy
Posted inBusiness, Local & State
Maine’s post-lockdown job recovery continues to taper off
October was the slowest month for job recovery in Maine since businesses reopened this spring.
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Posted inBusiness, Local & State
Unemployment claims remain high in Maine
More than 2,500 residents applied for state and federal jobless benefits in the second week of November.
Posted inBusiness, Local & State
Report links Maine’s post-pandemic economic recovery to clean energy efforts
Efforts to boost renewable and efficient energy use in the state also could help the economy recover lost jobs, according to a report by the Mills administration.
Posted inBusiness, Local & State
State emergency grant recipients to begin receiving checks next week
About $105 million awarded to about 2,300 small businesses and nonprofits will start going out soon, economic development officials say.
Posted inBusiness, Local & State
Unemployment claims remain high in Maine as virus cases spike
Roughly 2,500 residents filed new jobless claims or reopened previous claims last week, while another 44,000 continuing claims were filed.
Posted inBusiness, Local & State
As new deadline approaches, employers take issue with emergency grant program
Confusing application language and requirements may have sunk chances for some struggling small businesses and nonprofits to get assistance in the state program’s first phase.
Posted inBusiness, Local & State
Maine economy added just 4,700 jobs in September, fewest in past 5 months
The state’s estimated unemployment rate was 6% for the month, but was likely higher because thousands of potential workers are no longer counted in the labor force.
Posted inBusiness, Local & State
Pandemic wreaks havoc on Maine’s economic forecasting efforts
The coronavirus produces a glut of unknowns for those trying to predict where the state’s economy will go from here.
Posted inBusiness, Local & State
Maine grants $105 million to small employers; some say it’s not enough
About 2,300 organizations received funds as part of a state program to stabilize struggling businesses and nonprofits, but over 1,300 applications were denied.