PORTLAND (AP) — Maine’s unemployment rate remained firm in July at 5.5 percent, the lowest in nearly six years. The Maine Department of Labor said Monday that the state’s jobless rate remains lower than the national rate, which was 6.2 percent last month. The rate is unchanged from June and is down more than 1 […]
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Posted inBusiness, sj-web
Great Northern Paper issues layoff warnings to E. Millinocket workers
EAST MILLINOCKET, Maine — Great Northern Paper Co. issued federally-mandated layoff notices to workers at its idled local mill Friday, informing them they will now qualify for government-sponsored retraining. The federal Workers Adjustment and Retraining Notification Act requires most employers with 100 or more employees to provide notification to workers 60 calendar days in advance […]
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Posted inBusiness, Lewiston-Auburn
Pioneer Plastics to add 140 jobs in Auburn
AUBURN — Pioneer Plastics Corp. will add 140 jobs at the company’s Maine plant as it moves its South Carolina operations to Auburn. The company plans to invest more than $1.7 million during the next two years, according to a news release from the Maine Department of Economic and Community Development on Monday. “Maine is […]
Posted inOxford Hills
Fryeburg precision drilling manufacturer to add 60 jobs
FRYEBURG — Advanced precision-technologies manufacturer Hunting Dearborn plans to expand its Maine facility, creating up to 60 jobs over the next five years. In a news release last week, company officials said the move was to meet increased demand for its products. It sells to markets in the U.S. and overseas. In the release, Robert Newton, […]
Posted inBusiness, sj-web
Maine unemployment rate falls to 5.5 percent
AUGUSTA — State officials say that Maine’s unemployment rate fell to 5.5 percent in June. The jobless rate released by the Maine Department of Labor on Friday is the lowest reported in the state in nearly six years. It’s down 0.2 percentage points since May and more than 1 percentage point since last year. The department […]
Posted inBusiness, sj-web
New Maine database to reveal graduates’ first-year wages
AUGUSTA — As many college graduates grapple with poor job prospects and crushing student debt, Maine officials hope a new database will help prospective students make more informed choices about what degree to pursue and how much they can afford to borrow for their education. The database, set to be unveiled to the public next month, […]
Posted inBusiness, sj-web
Maine’s unemployment rate stays at 5.7 percent
PORTLAND — State officials say Maine’s seasonally adjusted unemployment rate for May was 5.7 percent. The figure was unchanged from April and down from 6.7 percent a year ago. Officials say the number of unemployed declined 7,000 over the year to 40,600. State officials say the share of the population that is employed was estimated […]
Posted inBusiness, sj-web
BIW opens new training center in anticipation of 600 new hires
BATH — Bath Iron Works opened a new training center Wednesday where it plans to train 200 new employees hired so far this year and another 400 by year’s end to help build six destroyers for the U.S. Navy. Matt Wickenheiser, a spokesman for the company, said the project is part of $60 million in […]
Posted inBusiness, sj-web
BIW plans to hire 600 workers this year
BATH — Bath Iron Works is expected to hire about 600 people this year as it works on six Navy destroyers at the same time. The hiring spree will bring the General Dynamics facility workforce to more than 6,000 people for the first time in a decade. With roughly 5,450 workers, BIW is one of […]
Posted inNation / World, sj-web
April adds 288,000 jobs to U.S. economy
WASHINGTON — U.S. employers added a robust 288,000 jobs in April, the most in two years, the strongest evidence to date that the economy is picking up after a brutal winter slowed growth. The Labor Department also said Friday that the unemployment rate sank to 6.3 percent, its lowest level since September 2008, from 6.7 […]