Maine’s Economy

Economic Policy Institute: More Than 180 Groups Sign on Letter Urging U.S. House, Senate Leadership to Pass $500 Billion in Unrestricted Aid to States, Territories, Local Governments

Over 180 organizations across the United States, including the Economic Policy Institute, signed a letter to U.S. House and Senate leadership urging them to quickly pass $500 billion in unrestricted aid to states, […]

Targeted News Service

Posted April 14, 2020

Tags Coronavirus, Economy, Federal

Maine’s Economy

REPORT: Maine needs significantly more fiscal support to address severe health and economic harms from COVID-19

States are nearing shortfalls that could be the largest on record — totaling more than $500 billion in just over one fiscal year AUGUSTA, Maine — While federal […]

Posted April 14, 2020

Tags Coronavirus, Economy, Federal

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

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

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

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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Economic Policy Institute: More Than 180 Groups Sign on Letter Urging U.S. House, Senate Leadership to Pass $500 Billion in Unrestricted Aid to States, Territories, Local Governments

REPORT: Maine needs significantly more fiscal support to address severe health and economic harms from COVID-19

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

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

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

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