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PublishedJune 25, 2024
Maine’s civilian workforce returns to pre-pandemic size
Maine also filled 9,300 nonfarm jobs from May 2023 to May 2024, in large part thanks to gains in Maine's health care and social assistance sector.
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PublishedMay 17, 2024
Maine unemployment rate holds steady in April
The preliminary rate for last month is 3.1%, down slightly from March, the Maine Department of Labor reports.
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PublishedFebruary 29, 2024
Economist sees solid growth ahead, but warns of looming overseas threats, historic federal debt
Commercial real estate vacancies remain high as employees choose to work from home, and leases and mortgages face renewal at higher interest rates, a TD Bank economist said Thursday.
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PublishedJanuary 23, 2024
Maine unemployment rate increases for 5th straight month but remains historically low
The rate of 3.2% in December was the highest it has been in 22 months, according to state data, but is still below the national rate.
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PublishedDecember 15, 2023
Congressional Budget Office projects lower inflation, higher unemployment over next 2 years
The office's Current View of the Economy from 2023 to 2025 report estimates that the unemployment rate will rise to 4.4% by the end of 2024.
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PublishedNovember 17, 2023
Maine could end 2023 with the lowest annual unemployment rate in its history
Many economic challenges remain, however, including a statewide housing crisis, increased homelessness, inflation, higher costs of living and an ongoing workforce shortage.
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PublishedOctober 20, 2023
Maine unemployment ticks up in September, but still near record low
September's jobless rate of 2.7% is a slight increase over August's 2.5 %.
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PublishedAugust 18, 2023
Maine’s jobless rate sits at record low for fourth month
The question is now whether that low streak will stay steady.
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PublishedAugust 3, 2023
Weekly applications for jobless aid tick up from 5-month low
The number of Americans seeking unemployment benefits rose slightly last week but remained at a historically low level that points to a robust job market.
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PublishedMay 2, 2023
U.S. job openings dip to 9.6 million, lowest since 2021
U.S. job openings fell in March to the lowest level in nearly two years, a sign that the American labor market is cooling in the face of higher interest rates.
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