The state added about 1,800 jobs and unemployment fell to 4.7%, Maine’s lowest rate since the coronavirus pandemic began.
Maine economy
Posted inBusiness, Local & State, News
Many residents and business owners ready to mask up under Portland’s new mandate
Most Portland residents interviewed Tuesday seemed resigned to the return to mandatory masking, while some business owners said that enforcing it could be tricky.
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Posted inBusiness, Local & State
Portland restaurateurs are divided over proposed vaccine mandate for indoor dining
Opinions vary widely, with some strongly in support, some strongly against, and others skeptical or ambivalent.
Posted inBusiness, Local & State, News
Maine population grows from in-migration during pandemic
But Census Bureau officials warned against reading too much into the numbers because of changes in the way the population increase was derived.
Posted inBusiness, Local & State, News
Rating agency expects Maine Turnpike to raise tolls by 29% in 2028
Fitch Ratings, a major bond rating agency, projects that the Turnpike will need to raise tolls to fund anticipated construction projects, including the Gorham connector.
Posted inBusiness, Local & State, News
Pandemic points out need for better economic support for marginalized Mainers, report says
A report from the left-leaning Maine Center for Economic Policy found that women, people of color and front-line workers have been disproportionately harmed by the coronavirus pandemic.
Posted inBusiness, Local & State
Maine launches $20 million grant program for food infrastructure
The new Agricultural Infrastructure Investment Program relies on federal funds and will be administered through the state Department of Agriculture, Conservation and Forestry.
Posted inBusiness, Local & State, News
Maine’s job recovery stalled in September as COVID-19 surged
Maine’s workforce shrank last month, even as thousands of people lost access to enhanced federal unemployment aid.
Posted inBusiness, Local & State
Gov. Mills announces $139 million in spending for Maine’s economic recovery
Investments include $20 million for a new small business grant program, $39 million to help lower monthly health insurance premiums and $80 million to replenish the state’s unemployment trust fund.
Posted inBusiness, Local & State, News
Vital services that rely on MaineCare struggle to compete for workers
In a tight labor market exacerbated by the coronavirus pandemic, managers of care facilities funded by the state’s version of Medicaid say hiring has never been harder.