The federal program offers a lifeline to small employers struggling amid the pandemic-triggered economic recession.
Maine economy
Posted inBusiness, Local & State
Maine business, education groups tout economic benefits of immigration reform
More than 80 companies and organizations have signed a pledge saying Maine’s economic future relies on state and federal policies that encourage immigration.
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Posted inBusiness, Local & State
New jobless claims continue to decline in Maine
About 2,700 Mainers filed or reopened a claim for state benefits in the second week of February, down from 2,800 a week earlier.
Posted inBusiness, Local & State
New jobless claims in Maine decline for fifth straight week
About 2,800 Maine residents filed an initial unemployment claim in the first week of February, down substantially from the beginning of the year.
Posted inBusiness, Local & State
Study finds transportation problems cost Maine motorists over $1 billion a year
Higher operating costs, collisions and delays cost Portland-area drivers an average of almost $1,400 a year each, according to a national transportation nonprofit.
Posted inBusiness, Local & State
Maine jobless claims dip slightly but remain high
The state received about 2,700 new or reopened claims for unemployment benefits last week, down slightly from 2,800 the week before.
Posted inBusiness, Local & State
Next step for Maine’s climate goals: Proposed laws to make them reality
Dozens of ideas being promoted by lawmakers this year represent the next phase of state government’s aggressive effort to address a rapidly changing climate.
Posted inBusiness, Local & State
Maine’s jobless rate holds steady at 5% in December
Still, labor economists say many unemployed residents are being misclassified, and that the state’s true jobless rate is likely above 10%.
Posted inBusiness, Local & State
Pandemic’s effects leave road project planners guessing what’s around the corner
The Maine Department of Transportation’s latest construction plan is clouded by uncertainties about funding and whether more drivers will return to the roads.
Posted inBusiness, Local & State
Maine’s housing market broke records in 2020, with sales and prices through the roof
Despite the pandemic, the year’s home sales outpaced all previous years, and the median price of homes sold rose to a new high of $256,000.