One study puts it at the top of the list for most vulnerable states, but economists say the coronavirus recession’s impact will depend on the public health response and industries’ adaptability to prolonged social distancing.
maine economy
Posted inOp-Eds, Opinion
Commentary: Contracts to build Clean Energy Corridor reflect project’s promise
The power line will provide jobs for Mainers and deliver clean energy to customers in Maine and New England.
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Posted inOp-Eds, Opinion
Jim Fossel: Telecommuting could outlast pandemic
Work habits may never return to the way they were before the COVID-19 outbreak – and Maine’s budget should recognize that.
Posted inOp-Eds, Opinion
Commentary: Economy will come back when COVID crisis passes – but emissions don’t have to
Let’s help put Maine back to work by investing in an infrastructure that is cleaner and more resilient yet has a lower operating cost.
Posted inOp-Eds, Opinion
Commentary: New loan program will give Maine hospitality workers, employers relief during crisis
Sen. Collins’ innovative approach won’t keep all hotels and restaurants alive, but it will provide them breathing room.
Posted inBusiness, Local & State, News
Maine unemployment claims hit new record of nearly 24,000 last week
As many as 87,000 Mainers will be out of work by the end of June because of coronavirus, one economic policy group estimates.
Posted inOp-Eds, Opinion
Commentary: Telephone forum will give Mainers a chance to speak about COVID’s impact
Wednesday night’s event is a time to share medical, safety and financial concerns.
Posted inLocal & State, News, Uncategorized
Gov. Mills extends Maine income tax filing deadline to July 15
Maine joins about 26 other states in pushing back their income tax filing deadlines to July 15 to conform with the new federal deadline, which was extended because of the coronavirus pandemic.
Posted inOp-Eds, Opinion
The Maine Millennial: Bridging the social distancing gaps
Neighbors can still rely on neighbors when other supports fall through.
Posted inBusiness, Local & State, News
State agency releases emergency loans for businesses impacted by coronavirus
The Finance Authority of Maine will use one-third of its reserves to aid small businesses damaged by the sudden economic impact of the pandemic.