The success could be due to companies’ ability to hire quicker and from a wider geographic area.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
What’s pushing inflation down? More goods, workers and housing
However, even as overall price increases slow, it doesn’t mean inflation is reversing or that most prices are returning to pre-pandemic levels.
Sea Bags stocks ‘Love Lewiston’ line to raise funds for shooting victims
The Portland-based company is giving 30% of the proceeds from this special collection to the Lewiston-Auburn Victims & Families Fund.
International students have returned to U.S. colleges, fueled by a surge from India
The number of international students in the U.S. grew by 12% in the 2022-23 academic year – the largest single-year increase in more than 40 years.
A fragile global economy is at stake as U.S. and China seek to cool tensions at APEC summit
President Biden and Chinese leader Xi Jinping are set to meet Wednesday on the summit’s sidelines.
New rule would make it easier for millions of American workers to unionize – but businesses are pushing back
Critics say the new rule is an overreach by the labor-friendly Biden administration that undermines independent business owners.
Hyundai joins Toyota, Honda in hiking U.S. wages following UAW strike
Hyundai’s move comes as it pours billions into the U.S. market to build electric vehicles and expand its market share.
Donald Trump Jr. returns to the stand as defense looks to undercut New York civil fraud claims
New York’s AG alleges that Donald Trump, his company and executives including his sons exaggerated his wealth by billions of dollars on financial statements given to banks, insurers and others.
Thanksgiving travel in U.S. set to hit post-COVID high
As many as 49.1 million Americans are expected to drive, an increase of 1.7% compared to 2022.
Seasonal worker visas expected to double, boosting Maine’s hospitality industry
U.S. Sens. Angus King and Susan Collins say they’ve worked with federal officials to secure over 64,000 additional H2-B visas to help businesses struggling with workforce shortages.