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PublishedJuly 5, 2024
U.S. employers add solid 206,000 jobs in sign of continued economic strength
Despite consistent hiring, relatively few layoffs and gradually cooling inflation, many Americans have been exasperated by still-high prices.
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PublishedJune 10, 2024
Promotions are becoming rarer, blocking entry-level workers from even starting
A main feature of the 2024 labor market is that fewer workers are quitting. A lesser-known one is that fewer are getting promoted.
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PublishedJune 7, 2024
U.S. hiring and wage growth picked up in May in sign of sustained economic health
America’s employers added a strong 272,000 jobs in May, a sign that companies are still confident enough in the economy to keep hiring.
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PublishedMay 31, 2024
Job seekers brave AI bots, interviewing nightmares in tougher labor market
To deal with a higher volume of applications, some employers are trying to get through early interviews faster by avoiding real-life conversations altogether.
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PublishedMay 8, 2024
Subsidized heat pump installation is driving growth of clean energy jobs in Maine
Maine's 'clean energy economy' accounted for 15,000 jobs at the end of 2022, posting stronger growth than the economy generally, according to a study commissioned by the Governor's Energy Office.
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PublishedMay 3, 2024
U.S. employers scaled back hiring in April. How that could let Fed cut interest rates
The Fed has been delaying any consideration of interest rate cuts until it gains more confidence that inflation is steadily slowing.
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PublishedApril 26, 2024
Mills hopes money for Maine ‘co-working’ businesses will help bring, keep remote workers
Eleven communal office companies – including 6 in southern Maine – were awarded a total of $500,000 as part of the Maine Jobs and Recovery Plan.
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PublishedApril 5, 2024
Another month of robust U.S. job growth points to continued economic strength
Friday’s report from the Labor Department also showed that the unemployment rate dipped from 3.9% to 3.8%.
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PublishedMarch 22, 2024
More Mainers are working, but unemployment rate remains at 3.4%
The health care and social assistance sector saw the biggest increases in new workers amid a labor shortage that has caused a crisis in access to health care.
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PublishedMarch 22, 2024
Immigration is fueling U.S. economic growth while politicians rage
The surprising pace of U.S. job growth is attributable in part to immigrants.
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