The $900 billion package that passed the House and Senate late Monday includes a $300-per-week unemployment benefit for the next 3 months and $600 stimulus checks for those making up to $75,000.
maine economy
Posted inBusiness, Local & State
Maine’s job recovery since the early pandemic has ground to a halt
The November jobs report showed a decrease of 500 jobs, after consistent but dwindling increases since a collapse in the labor market this spring.
advertisement
Posted inBusiness, Local & State
Colby outlook predicts Maine economic recovery by 2022, if U.S. can control coronavirus
The annual report warns that economic recovery relies on controlling the pandemic, an effective vaccination campaign and financial relief from the federal government.
Posted inOp-Eds, Opinion
Sen. Collins: The Paycheck Protection Program – a lifeline for small businesses
Congress is nearing an agreement to allow the companies hardest hit by the pandemic to receive a second forgivable loan.
Posted inBusiness, Local & State
Maine’s new jobless claims hit 5-month high as virus surges
Almost 3,000 state unemployment claims were filed in the first week of December, the largest number of new claims filed in a single week since mid-July.
Posted inOp-Eds, Opinion
MaineHousing director: Congress, president need to help keep Mainers housed during COVID crisis
Residents across the state are counting on the COVID-19 Rental Relief Program, which will run out Dec. 31 without more funding.
Posted inBusiness, Local & State, News
Maine economic growth report points to short-term hardships, but opportunities down the road
Among the post-pandemic bright spots, the state’s quality of life is expected to attract out-of-state professionals to move here.
Posted inEditorials, Opinion
Our View: Bethel brewpub owner is proven wrong again
Another court finds no merit to Rick Savage’s belief that he can defy state public health regulations.
Posted inBusiness, Local & State, News
New data shows how small-business loans went to large firms, too
A Maine Sunday Telegram analysis of data found 33 percent of Maine funding went to large companies in grants of $1 million and more.
Posted inEditorials, Opinion
Our View: Climate report sets right goals for Maine
The Maine Climate Council’s sweeping report lays out a path to reduce emissions and make Maine communities more resilient in a changing environment.