Maine’s Economy Governor Mills Convenes Expert Committee to Advise on State’s Economic Recovery Governor Janet Mills announced today that she is convening an Economic Recovery Committee charged with developing recommendations to mitigate the damage to Maine’s economy caused by the […] WAGM Posted May 7, 2020 Tags Coronavirus, Economy, Recession
Maine’s Economy Governor Mills convening Economic Recovery Committee Gov. Janet Mills announced Wednesday the creation of a panel to advise her on the state’s economic recovery, and suggested there could be regional variations in the […] WABI Posted May 7, 2020 Tags Coronavirus, Economy, Federal
Maine’s Economy Last week's expanded eligibility spurs largest UI claims spike since pandemic began Roughly 16,100 Mainers filed new unemployment claims in the week ending May 2, according to the Maine Department of Labor, representing the largest week-over-week increase in since […] James Myall Posted May 7, 2020 Tags Coronavirus, Unemployment
Maine’s Economy Maine’s racial disparities laid bare by COVID-19 COVID-19 does not discriminate. Anyone exposed to the coronavirus can get sick, regardless of their race, ZIP code, or family income. Nevertheless, new data from the Maine […] James Myall Posted May 6, 2020 Tags Coronavirus
Maine’s Economy Think tank projects $1.2 billion budget shortfall for Maine Nonpartisan research and policy institute the Center on Budget and Policy Priorities is projecting a huge budget shortfall for Maine by the end of the next fiscal […] Portland Press Herald Posted May 6, 2020 Tags Coronavirus, Economy, Federal
Maine’s Economy NEW REPORT: Maine faces at least $1.2 billion revenue shortfall as coronavirus wreaks havoc on jobs, spending To protect Maine families and communities, Congress must include substantial state fiscal aid in the next pandemic relief package AUGUSTA, Maine — Maine faces an estimated $1.2 billion […] Posted May 5, 2020 Tags Coronavirus, Economy, Federal
Taxes and Budget REPORT: Maine needs fiscal relief now to address revenue shortfall of at least $1.2 billion Just two months after the pandemic’s first ripples were felt in the economy, forecasters say unprecedented state revenue shortfalls jeopardize state and local budgets. In Maine, revenue […] Sarah Austin Posted May 5, 2020 Tags Budget, Coronavirus, Federal, Revenue
Maine’s Economy Maine DOL: Workers in re-opened industries could lose unemployment if they don’t return to work According to recent calculations made by the Maine Center for Economic Policy, more than 108,520 Mainers have filed for unemployment over five weeks, putting the state unemployment […] Beacon Posted April 30, 2020 Tags Coronavirus, Economy, Federal
Maine’s Economy New unemployment claims remain nearly eight times higher than pre-pandemic averages At least 15.6 percent of the state’s workforce has lost their jobs since March 15, as Mainers take the necessary steps to limit transmission of the coronavirus […] Sarah Austin Posted April 30, 2020 Tags Coronavirus, Unemployment
Maine’s Economy The View From Here: Who backs the front line worker? Who are our front line workers? Thanks to some timely work by Sarah Austin, a policy analyst from the Maine Center for Economic Policy, we have a pretty […] Portland Press Herald Posted April 26, 2020 Tags Coronavirus, Economy, Federal