The Treasury secretary says the administration will spend a month looking at what measures should go in the next relief bill.
economy
Posted inMaine, News
Towns across Maine looking at budgets crunched by coronavirus
As municipal governments near the end of their budget year, local officials are considering cuts to services and programs to make up for revenue losses caused by the pandemic.
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Posted inBusiness, Maine, News
Fraud contributed to record 37,000 jobless claims, Maine officials say
Having 24,500 Mainers file claims – the other 12,500 are duplicates – is a ‘sharp and suspicious’ increase from recent trends, the state Labor Department said.
Posted inBusiness, Maine, News
Will coronavirus make the office obsolete?
Many working remotely in Maine are enjoying their time at home, and some employers say staff are more engaged and productive. But it’s much too early to predict the long-term impact on traditional office spaces.
Posted inBusiness, Maine, News
Maine importers urge lawmakers to suspend food-related tariffs
A 25% tariff on food and beverage products is adding insult to pandemic-related economic injury for local importers of gourmet foods.
Posted inBusiness, Maine, News
More than 138,000 Mainers have filed for unemployment since March
More than 11,500 Maine workers filed new jobless claims last week, even as the state begins reopening parts of its economy.
Posted inBusiness, Maine, News
More than 20,000 Mainers have filed jobless claims under expanded eligibility program
A federal eligibility expansion implemented May 1 in Maine allows benefits to be paid to unemployed contractors, self-employed workers and others normally ineligible.
Posted inBusiness, Maine, News
Stores may reopen in June, but will shoppers return?
Retailers are likely to make permanent changes in the wake of the coronavirus pandemic to promote consumers’ safety and confidence.
Posted inBusiness, Maine, News
Maine’s clean-energy progress stopped cold by coronavirus
Risk of infection stalls near-term growth for rooftop solar, heat pumps and energy audits and could slow momentum on the state’s climate fight.
Posted inBusiness, Maine, News
Unemployment claims in Maine surpassed February’s total in just 3 days this week
Nearly 5,000 Mainers have claimed unemployment since Sunday, putting Maine on track to surpass the highest weekly total since the Great Recession.