The state’s estimated unemployment rate was 6% for the month, but was likely higher because thousands of potential workers are no longer counted in the labor force.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Justice Department files landmark antitrust case against Google
The lawsuit marks the government’s most significant act to protect competition since its groundbreaking case against Microsoft more than 20 years ago.
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Posted inBusiness, Maine, News
Portland will allow outdoor dining and retail operations through early January
The decision was made by the City Council on Monday night to help businesses get through the pandemic.
Posted inBusiness, Maine, Maine Crime
State warns Mainers receiving jobless benefits about phishing scam
The scam involves the theft of usernames and passwords to log into unemployment accounts.
Posted inBusiness, Schools and Education
Purdue Global University leaving Lewiston, no changes to Augusta campus
The largely online university, formerly Kaplan University, will shutter its Lewiston campus when its lease expires in March 2021.
Posted inBusiness, Nation & World
Stocks fall on Wall Street as hopes for new virus aid fade
The market’s slide is broad, though technology, health care and communication stocks bear the brunt of the selling.
Posted inBusiness, Nation & World
China’s economy accelerates as virus recovery gains strength
Retail spending rebounds to above pre-virus levels for the first time and factory output rises, boosted by demand for exports of masks and other medical supplies.
Posted inBusiness, Maine, Morning Sentinel
Waterville council to consider outdoor dining extension for next year
City councilors Tuesday will also discuss referring to the Planning Board for public hearing and recommendation a request to rezone city-owned property on North Street where a community ice rink would be built.
Posted inBusiness, Nation & World
One in 4 U.S. workers have weighed quitting, poll finds
The pandemic is weighing heavily on women and people of color, who are most likely to work in essential jobs they can’t do remotely.
Posted inBusiness, Maine
Portland biotech business wins spot in sport and health incubator program
KinoTek will sharpen its telehealth physical therapy technology under the guidance of industry gurus in Florida.