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PublishedNovember 9, 2020
Report links Maine’s post-pandemic economic recovery to clean energy efforts
Efforts to boost renewable and efficient energy use in the state also could help the economy recover lost jobs, according to a report by the Mills administration.
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PublishedNovember 5, 2020
State emergency grant recipients to begin receiving checks next week
About $105 million awarded to about 2,300 small businesses and nonprofits will start going out soon, economic development officials say.
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PublishedNovember 5, 2020
Unemployment claims remain high in Maine as virus cases spike
Roughly 2,500 residents filed new jobless claims or reopened previous claims last week, while another 44,000 continuing claims were filed.
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PublishedOctober 26, 2020
As new deadline approaches, employers take issue with emergency grant program
Confusing application language and requirements may have sunk chances for some struggling small businesses and nonprofits to get assistance in the state program's first phase.
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PublishedOctober 20, 2020
Maine economy added just 4,700 jobs in September, fewest in past 5 months
The state's estimated unemployment rate was 6% for the month, but was likely higher because thousands of potential workers are no longer counted in the labor force.
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PublishedOctober 19, 2020
Pandemic wreaks havoc on Maine’s economic forecasting efforts
The coronavirus produces a glut of unknowns for those trying to predict where the state's economy will go from here.
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PublishedOctober 15, 2020
Maine grants $105 million to small employers; some say it’s not enough
About 2,300 organizations received funds as part of a state program to stabilize struggling businesses and nonprofits, but over 1,300 applications were denied.
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PublishedOctober 13, 2020
State predicts Maine will lose nearly 16,000 jobs by 2028
But a shrinking labor market could increase wages and productivity, and an upswing in migration to the state could ease job losses, according to a new state analysis.
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PublishedOctober 9, 2020
Transportation business in Maine still running on empty, months into pandemic
Air, bus and rail passenger volumes are minuscule compared with last year as most consumers continue to avoid long-distance trips and mass transit.
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PublishedOctober 6, 2020
Harold Alfond Foundation pledges $500 million to boost Maine economy
A series of massive donations that is intended to strengthen the state's science and technology education includes major investments in Portland.
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