About 3,800 Maine residents filed a new unemployment insurance claim last week, and over 49,000 continuing claims were filed.
Maine economy
Posted inBusiness, Local & State
Maine’s job losses worse than in any recession in 50 years
The percentage of jobs lost in the state since February was more severe than in any economic downturn since 1969, according to a new state analysis.
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Posted inBusiness, Local & State
Jobless claims remain high in Maine as pandemic rages
Nearly 3,000 more state unemployment claims were filed last week as President Trump casts doubt on an aid package that would benefit tens of thousands of jobless Mainers.
Posted inBusiness, Local & State
Passage of federal pandemic aid bill gives Mainers glimmer of hope despite shortcomings
The $900 billion package that passed the House and Senate late Monday includes a $300-per-week unemployment benefit for the next 3 months and $600 stimulus checks for those making up to $75,000.
Posted inBusiness, Local & State
Maine’s job recovery since the early pandemic has ground to a halt
The November jobs report showed a decrease of 500 jobs, after consistent but dwindling increases since a collapse in the labor market this spring.
Posted inBusiness, Local & State
Maine’s new jobless claims hit 5-month high as virus surges
Almost 3,000 state unemployment claims were filed in the first week of December, the largest number of new claims filed in a single week since mid-July.
Posted inBusiness, Local & State, News
Maine economic growth report points to short-term hardships, but opportunities down the road
Among the post-pandemic bright spots, the state’s quality of life is expected to attract out-of-state professionals to move here.
Posted inBusiness, Local & State, News
New data shows how small-business loans went to large firms, too
A Maine Sunday Telegram analysis of data found 33 percent of Maine funding went to large companies in grants of $1 million and more.
Posted inBusiness, Local & State, News, Uncategorized
With Biden in the White House, Maine could see major changes
The president-elect is already preparing to move forward with an ambitious policy agenda on the environment, health care, taxes, education and other issues.
Posted inBusiness, Local & State
Another 2,800 Mainers file new unemployment claims
Tens of thousands more are filing weekly to collect continued unemployment benefits as the economy continues to struggle.