The renewed job losses in California might have a preliminary impact in the July U.S. jobs report due Friday.
economy
Posted inEditorials, Opinion
Our View: No quick fix for Maine’s economy
The lack of a federal coronavirus strategy will have economic impacts on our state for years to come.
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Posted inBusiness, Maine, News
1 in 3 Maine lobstermen lands federal pandemic loan
Lobstermen got more small Paycheck Protection Program loans than members of any other Maine industry, but the size of the average loan was small.
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: Want to help the economy? Stay home.
Reopening too aggressively leads to outbreaks that require reimposition of public health measures, further restricting consumer confidence.
Posted inBusiness, Nation & World
Mnuchin says small and larger businesses will need more help
The Treasury secretary says the administration will spend a month looking at what measures should go in the next relief bill.
Posted inMaine, News
Towns across Maine looking at budgets crunched by coronavirus
As municipal governments near the end of their budget year, local officials are considering cuts to services and programs to make up for revenue losses caused by the pandemic.
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: Individual rights do not trump state public health protections
The president’s Maine visit shows how his ‘open up’ rhetoric encourages people to flout pandemic control regulations.
Posted inBusiness, Maine, News
Fraud contributed to record 37,000 jobless claims, Maine officials say
Having 24,500 Mainers file claims – the other 12,500 are duplicates – is a ‘sharp and suspicious’ increase from recent trends, the state Labor Department said.
Posted inBusiness, Maine, News
Will coronavirus make the office obsolete?
Many working remotely in Maine are enjoying their time at home, and some employers say staff are more engaged and productive. But it’s much too early to predict the long-term impact on traditional office spaces.
Posted inBusiness, Maine, News
Maine importers urge lawmakers to suspend food-related tariffs
A 25% tariff on food and beverage products is adding insult to pandemic-related economic injury for local importers of gourmet foods.