Maine’s Economy

Oasis clinic: pandemic could have disproportionate impact on those who can least afford it

BRUNSWICK — As cases of coronavirus in Maine started picking up steam, so did Blake Cromwell’s anxiety, and with that came near-daily panic attacks. The 27-year-old Dunkin’ […]

The Times Record

Posted April 8, 2020

Tags Coronavirus, Economic Security, Economy, Inequality, Unemployment

Maine’s Economy

Evictions and foreclosures increase coronavirus risks. A rent and mortgage freeze will protect us.

The outbreak of the COVID-19 epidemic in the United States has triggered an unprecedented economic downturn. Businesses are closing, workers are losing their jobs, and families face […]

James Myall

Posted April 7, 2020

Tags Coronavirus, Housing

Maine’s Economy

Facing income crunch from coronavirus, debt-burdened Americans need relief now

As tens of thousands of Mainers face lays offs and unemployment, two things will happen: With no earnings coming in, they will default on their loans and […]

Jody Harris

Posted April 7, 2020

Tags Consumer Protection, Coronavirus, Student Debt

Maine’s Economy

Report: Coronavirus-Triggered Economic Downturn Unprecedented, Hitting Low-Wage Workers Hard

That’s one conclusion in a new report from the left-leaning Maine Center for Economic Policy. Report author Sara Austin says that in the Great Recession of a decade ago, the […]

Maine Public

Posted April 6, 2020

Tags Coronavirus, Economy, Recession

Jobs and Income

Health of Maine’s unemployment system depends on how long coronavirus persists

When unemployment is low, trust funds increase as more employers pay payroll taxes and less benefits are paid out. If unemployment increases, taxes can be raised to […]

Posted April 6, 2020

Tags Coronavirus, Federal, Unemployment

Maine’s Economy

Beacon podcast: Maine’s pandemic recession will be fastest, deepest in modern history

Sarah Austin of the Maine Center for Economic Policy joins the podcast this week to discuss her new report on the economic ramifications of the pandemic on Maine and […]

Beacon

Posted April 3, 2020

Tags Coronavirus, Economy, Recession

Maine’s Economy

Federal action means help for out-of-work Mainers as unemployment claims continue to break records

On March 27, President Trump signed the Coronavirus Aid, Relief and Economic Security, or CARES, Act into law. The $1.8 trillion package contains a number of provisions […]

James Myall

Posted April 2, 2020

Tags Coronavirus, Federal, Unemployment

Jobs and Income, Maine’s Economy

STATEMENT: Grim job loss forecast worsens as two-week unemployment claims exceed 2019 total

AUGUSTA, Maine — Maine will lose more than 87,000 jobs by the end of June as efforts to contain the coronavirus make normal economic activity all but impossible, according […]

Posted April 2, 2020

Tags Coronavirus, Economic Security, Jobs, Unemployment

Jobs and Income, Maine’s Economy

Maine unemployment claims hit new record of nearly 24,000 last week

The present recession is unique because it was triggered by measures intended to limit virus transmission and prevent the health care system from being overwhelmed, [MECEP policy […]

Posted April 2, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment

Jobs and Income, Maine’s Economy

Analysts use Great Recession data to predict COVID-19 economic impact

The federal government just passed a $2.2 trillion stimulus package last week, a good step, but [MECEP policy analyst Sarah] Austin says it can’t be the only […]

Fox Bangor

Posted April 2, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment

Filter by Category

Filter by Resource Type

Filter by Author

Filter by Tags

Filter by Feature Research

Oasis clinic: pandemic could have disproportionate impact on those who can least afford it

Evictions and foreclosures increase coronavirus risks. A rent and mortgage freeze will protect us.

Facing income crunch from coronavirus, debt-burdened Americans need relief now

Report: Coronavirus-Triggered Economic Downturn Unprecedented, Hitting Low-Wage Workers Hard

Health of Maine’s unemployment system depends on how long coronavirus persists

Beacon podcast: Maine’s pandemic recession will be fastest, deepest in modern history

Federal action means help for out-of-work Mainers as unemployment claims continue to break records

STATEMENT: Grim job loss forecast worsens as two-week unemployment claims exceed 2019 total

Maine unemployment claims hit new record of nearly 24,000 last week

Analysts use Great Recession data to predict COVID-19 economic impact