Maine’s Economy

New Census data highlights cracks in the economy – even before COVID

New data released Thursday by the US Census Bureau show that many Mainers were already experiencing hardship before the COVID-19 pandemic and revealed the tenuous nature of the economic gains the state enjoyed in […]

James Myall

Posted September 18, 2020

Tags Coronavirus, Economic Security, Economy, Food Insecurity, Health Care, Poverty, Unemployment

Maine’s Economy

What the road ahead looks like for Maine’s economy

James Myall, policy analyst with the left-leaning Maine Center for Economic Policy in Augusta, said that like the Great Recession from 2007 and 2009 that took eight […]

Bangor Daily News

Posted September 1, 2020

Tags Economic Security, Economy, Recession

Maine’s Economy

Tracking the economic impact of COVID-19 in Maine

MECEP is monitoring several short-term indicators to track the effect of the COVID-19 pandemic on Maine’s economy. Sources for each indicator can be seen in the descriptions below. Indicator 1: COVID-19 cases in Maine […]

James Myall

Posted July 9, 2020

Tags Coronavirus, Economic Security, Economy, Food Insecurity, Health Care, Housing, Medicaid, Unemployment

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

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

Jobs and Income, Maine’s Economy

Report projects more than 61,000 jobless in Maine by June

Maine could lose 61,000 jobs by June, triggered by the COVID-19 response, more than three times what was lost in the Great Recession, according to a report published […]

MaineBiz

Posted April 2, 2020

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

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

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New Census data highlights cracks in the economy – even before COVID

What the road ahead looks like for Maine’s economy

Tracking the economic impact of COVID-19 in Maine

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

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

Report projects more than 61,000 jobless in Maine by June

Report: Maine could lose 3 times more jobs by June than it did in the Great Recession

NEW REPORT: Downturn from coronavirus poised to dwarf the Great Recession