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

Maine’s Economy

REPORT: Economic downturn from Coronavirus will dwarf Great Recession, demands bold policy response

UPDATE (April 30, 2020): As confirmed cases of COVID-19 rise and the coronavirus pandemic continues to rock the economy, several of the indicators in this report have […]

Sarah Austin

Posted April 1, 2020

Tags Budget, Coronavirus, Economy, Federal, Recession, Revenue

Jobs and Income, Maine’s Economy

New MECEP report outlines policy priorities for federal response to COVID-19's economic fallout

Scale and scope of relief from Congress, Trump administration will determine the human toll of the coronavirus-fueled recession AUGUSTA, Maine — As the coronavirus pushes the nation into […]

Posted March 26, 2020

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

Maine’s Economy

REPORT: Policy priorities for the federal response to COVID-19's economic fallout

As the coronavirus pushes the nation into a recession, the response by federal policymakers will determine the extent of the economic harm on families and small businesses. […]

James Myall

Posted March 26, 2020

Tags Coronavirus, Federal, Recession

Jobs and Income, Maine’s Economy

Maine unemployment claims skyrocket to record 21,500 in 1 week

Nationwide, almost 3.3 million workers filed for unemployment benefits last week, the highest seasonally adjusted total on record, according to the U.S. Department of Labor. The previous […]

Portland Press Herald

Posted March 26, 2020

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

Jobs and Income, Maine’s Economy

MECEP statement on Legislature's coronavirus relief efforts

AUGUSTA, Maine — Garrett Martin, executive director of Maine Center for Economic Policy, released the following statement in response to the Legislature’s coronavirus relief efforts on Tuesday: “A […]

Posted March 18, 2020

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

Jobs and Income, Maine’s Economy

Focus on Collins as Senate makes paid sick days a sticking point in coronavirus response

On Saturday, the U.S. House approved an emergency package providing free testing for the COVID-19 virus, enhanced unemployment benefits, and two weeks of paid sick days for just some […]

Beacon

Posted March 17, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Paid Sick Days, Recession, Unemployment

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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

REPORT: Economic downturn from Coronavirus will dwarf Great Recession, demands bold policy response

New MECEP report outlines policy priorities for federal response to COVID-19's economic fallout

REPORT: Policy priorities for the federal response to COVID-19's economic fallout

Maine unemployment claims skyrocket to record 21,500 in 1 week

MECEP statement on Legislature's coronavirus relief efforts

Focus on Collins as Senate makes paid sick days a sticking point in coronavirus response