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PublishedApril 13, 2025
Uncertainty over tariffs fuels fears of a recession in Maine and beyond
Economists say Maine is likely to fare similarly to the rest of the country, or perhaps marginally better, during a possible economic downturn.
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PublishedNovember 27, 2024
Unemployment rises slightly in Maine urban zones
That tracks with a slight increase in unemployment statewide, which rose from 2.6% in September to 2.9% in October.
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PublishedNovember 1, 2024
Hiring slowed sharply in final month before election amid hurricanes, strikes
The a low unemployment rate suggests that the labor market is still fundamentally healthy, if not as robust as it was early this year.
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PublishedAugust 8, 2024
Fewer Americans filed for jobless benefits last week
But applications remain at slightly elevated though not troubling levels.
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PublishedJune 7, 2024
U.S. hiring and wage growth picked up in May in sign of sustained economic health
America’s employers added a strong 272,000 jobs in May, a sign that companies are still confident enough in the economy to keep hiring.
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PublishedMay 31, 2024
Job seekers brave AI bots, interviewing nightmares in tougher labor market
To deal with a higher volume of applications, some employers are trying to get through early interviews faster by avoiding real-life conversations altogether.
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PublishedMay 17, 2024
Maine unemployment rate holds steady in April
The preliminary rate for last month is 3.1%, down slightly from March, the Maine Department of Labor reports.
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PublishedApril 19, 2024
Maine unemployment rate holds steady at 3.3%
The Maine Department of Labor reports little change in job market conditions in March, with non-farm jobs reaching the second-highest number on record.
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PublishedMarch 22, 2024
More Mainers are working, but unemployment rate remains at 3.4%
The health care and social assistance sector saw the biggest increases in new workers amid a labor shortage that has caused a crisis in access to health care.
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PublishedMarch 22, 2024
About 100 employees affected as Rumford paper mill makes ‘key operational changes’
ND Paper issues 'temporary layoffs' to some workers as a papermaking machine is shutdown due to 'market-related downtime.'
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