Jobs and Income

As jobless rate hits nearly 18 percent, Unemployment Insurance is a critical tool to limit coronavirus transmission

At least 14.5 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 23, 2020

Tags Coronavirus, Federal, Unemployment

Maine’s Economy

How to spend your stimulus check money so it will have the most impact, according to economists

Many Americans woke up this week with an extra $1,200 (or more) in their bank accounts. In ordinary circumstances, it would likely be a reason to rejoice—but for the […]

Fortune

Posted April 16, 2020

Tags Coronavirus, Economy, Federal

Jobs and Income

Mainers eligible for $1.3 billion in stimulus payments, but many risk losing out

The CARES Act — a $2.2 trillion relief package enacted by Congress to address the fallout from coronavirus — includes a provision for one-time payments to most […]

James Myall

Posted April 15, 2020

Tags Coronavirus, Federal

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

Jobs and Income

Coronavirus relief for frontline workers has big implications for gender and race equity

As many sectors of the economy come to a halt, workers in essential service industries are still clocking in to ensure people are able to meet basic […]

Sarah Austin

Posted April 14, 2020

Tags Coronavirus, Federal, Inequality

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

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

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

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

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As jobless rate hits nearly 18 percent, Unemployment Insurance is a critical tool to limit coronavirus transmission

How to spend your stimulus check money so it will have the most impact, according to economists

Mainers eligible for $1.3 billion in stimulus payments, but many risk losing out

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

Coronavirus relief for frontline workers has big implications for gender and race equity

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

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

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

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

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