Jobs and Income, Maine’s Economy Report: Maine could lose 3 times more jobs by June than it did in the Great Recession That figure would equate to more than triple the jobs lost in the state during the Great Recession and more per capita than all but eight other […] Bangor Daily News Posted April 1, 2020 Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment
Jobs and Income, Maine’s Economy NEW REPORT: Downturn from coronavirus poised to dwarf the Great Recession New recession will bring unprecedented job loss and GDP decline as economically disruptive measures remain necessary to save lives AUGUSTA, Maine — The coronavirus pandemic will bring a […] Posted April 1, 2020 Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment
Jobs and Income, Maine’s Economy New MECEP report outlines policy priorities for federal response to COVID-19's economic fallout Scale and scope of relief from Congress, Trump administration will determine the human toll of the coronavirus-fueled recession AUGUSTA, Maine — As the coronavirus pushes the nation into […] Posted March 26, 2020 Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment
Jobs and Income, Maine’s Economy MECEP statement on Legislature's coronavirus relief efforts AUGUSTA, Maine — Garrett Martin, executive director of Maine Center for Economic Policy, released the following statement in response to the Legislature’s coronavirus relief efforts on Tuesday: “A […] Posted March 18, 2020 Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment
Jobs and Income, Maine’s Economy STATEMENT: MECEP praises Gov. Mills' effort to limit health care costs in wake of novel coronavirus pandemic AUGUSTA, Maine — Garrett Martin, executive director at the Maine Center for Economic Policy, released the following statement in response to Gov. Janet Mills’ announced state action […] Posted March 12, 2020 Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment
Taxes and Budget NEW REPORT: Wealth inequality is a growing problem. Fixing our watered-down estate tax will help solve it. LD 420 would bring Maine in line with other New England states’ efforts to tax wealth AUGUSTA, Maine — Wealth taxes are one of the most effective […] Posted February 27, 2020 Tags Estate Tax
Taxes and Budget STATEMENT: Amended tax havens bill would close corporate tax loophole handed down by Trump Tax Cuts FOR IMMEDIATE RELEASE: February 19, 2020 AUGUSTA, Maine — Sarah Austin, tax and budget policy analyst at Maine Center for Economic Policy, released the following statement regarding […] Posted February 19, 2020 Tags Tax Breaks
Jobs and Income NEW REPORT: Overtime bill would guarantee living wage for Mainers who work long hours LD 402 would boost middle-class wages by $8.8 million and guarantee overtime pay for all workers who earn less than $55,000 AUGUSTA, Maine — A bill before […] Posted February 11, 2020 Tags Overtime, Wages
Jobs and Income Minimum wage increase will boost pay for nearly 171,000 Mainers in 2020 CONTACT: Mario Moretto mario@mecep.org (207) 620-1101 Increase to $12 per hour will lift low-wage Mainers’ earnings by $158 million AUGUSTA, Maine — Workers with low wages will receive […] Posted December 30, 2019 Tags Minimum Wage, Wages
Jobs and Income, Maine’s Economy NEW REPORT: Rosy economic indicators mask Mainers' lived experience in workforce AUGUSTA, Maine — Household earnings and GDP are up. Unemployment and poverty are down. But do these indicators really describe the ground-level experience of Maine’s working families […] Posted December 18, 2019 Tags Economic Security, Economy, Job Quality