The rate fell from 9.3% in May to 6.6% in June as a tepid economic recovery added about 19,000 jobs. But a state economist warns that the unemployment rate doesn’t fully capture the scope of job losses.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine
L.L. Bean to sell products through other retailers
The company’s first wholesale agreements in the U.S. represent a push to get L.L. Bean products in front of more consumers.
advertisement
Posted inBusiness, Lewiston-Auburn
Lewiston has $1M in COVID-19 aid available. Who knew?
Auburn has another $100,000 and neither city is seeing much interest, according to staff.
Posted inBusiness, Maine, News
Jordan’s Furniture braces for mid-pandemic opening Friday at The Maine Mall
The chain’s first store in Maine features an indoor ropes course, which is opening along with a massive showroom. But will customers materialize?
Posted inBusiness, Nation / World
Animal print, political or plain black, masks send a style message
In a sign that masks are becoming a fashion trend, Vogue magazine recently listed 100 ‘aesthetically pleasing’ selections.
Posted inBusiness, Maine, News
Maine unemployment claims increase after weeks of decline
The number of Mainers who filed initial claims last week increased by more than 60% from the previous week, to 4,400.
Posted inBusiness, Lewiston-Auburn, Maine
Midcoast-Parkview opposes CMHC surgical center for Topsham
Midcoast-Parkview officials say there aren’t enough patients to go around and that they’d lose revenue.
Posted inBusiness, Maine, News
Maine’s days as 207 are numbered, because the area code’s ‘exhausted’
The state is running out of usable phone numbers to assign to its beloved area code, forcing regulators to consider adding a second one.
Posted inBusiness, Maine, News
Downeaster to make more runs daily between Maine and Boston starting Monday
The Amtrak line, which suspended service on April 13, will start making 4 round trips between Brunswick and Boston as part of its service restoration.
Posted inBusiness, Nation / World
U.S. to hit Huawei employees with visa bans for rights abuses
Secretary of State Mike Pompeo also says the administration is finalizing plans to minimize data theft from the popular Chinese video streaming app TikTok.