The state’s jobless rate in April was the lowest in two years, and the number of jobs was nearly back to the pre-pandemic level.
Maine economy
Posted inLocal & State
Economy tops Maine voters’ list of concerns
Economic concerns have overtaken COVID-19 as the most important issue facing Maine for first time since the outbreak.
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Posted inBusiness, Local & State, News
Maine unemployment drops as total jobs nearly reach pre-pandemic level
Maine employers added about 3,400 jobs a month since January, driving the unemployment rate to its lowest point in two years.
Posted inBusiness, Local & State
Much of Maine’s pandemic relief funds for local governments is unspent
County and local governments have received $191 million in federal aid but some are taking a slow, deliberate approach to spending it.
Posted inBusiness, Local & State, News
Maine’s tourism industry rebounds from pandemic, but challenges remain
More than 15 million visitors came to Maine last year, and spending ballooned to more than $7 billion.
Posted inBusiness, Local & State
Maine’s economy edged closer to pre-pandemic employment in February
The state gained 3,200 jobs last month, largely in healthcare and social assistance, leisure and hospitality, and construction.
Posted inBusiness, Local & State
Maine to launch ‘peer navigator’ program for job seekers
The Department of Labor will contract with five nonprofits to connect residents with training, education, employment and other resources.
Posted inBusiness, Local & State
Maine seafood industry expects indirect hit from Russian invasion
Direct U.S. seafood imports were already banned from Russian markets, but the invasion of Ukraine could make the industry’s ongoing economic problems worse.
Posted inBusiness, Local & State
Maine businesses and residents feel inflation’s bite
Business owners and consumers say higher prices threaten to slow the state’s economic recovery as inflation hits a 40-year high.
Posted inBusiness, Local & State, News
Bill would make more than 30,000 salaried workers in Maine eligible for overtime
A legislative panel has endorsed a proposal to increase the salary threshold for overtime pay to more than $57,000 despite strong objections from pro-business groups.