If December’s rate also comes in under 4%, Maine will have had four years of record low unemployment.
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Posted inBusiness, Local & State, News
November decline hurts Maine’s overall home sales in 2019
The state had been on track for a record year before single-family home sales dropped by nearly 8% last month from the same period in 2018.
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Posted inBusiness, Local & State, News
Portland-based Logically makes fifth acquisition in 18 months
Logically increases its workforce to over 250 people with the purchase of Nevada-based IQ Technology Solutions, its fifth acquisition since July 2018.
Posted inBusiness, Local & State
Economic gaps underscore perception of 2 Maines
Cumberland and York counties account for nearly 50 percent of the state’s GDP, a new report finds.
Posted inBusiness, Local & State, News
Higher wages, bigger labor force at center of Maine’s 10-year economic plan
The state’s first long-range economic plan in 2 decades will go to the Legislature for consideration of its recommendations.
Posted inBusiness, Local & State, News
Symposium explores ways to close widening gap in Maine’s workforce
The state will have to add an estimated 158,000 trained people to its workforce by 2025 to maintain economic growth, Educate Maine tells participants at its annual symposium.
Posted inBusiness
Portland IT firm Logically expands into North Carolina with acquisition
The acquisition of Carolinas IT will increase Logically’s workforce by 50 percent to 225 workers.
Posted inBusiness, Local & State, News
Thanksgiving travelers can expect the heaviest traffic in years
And a looming storm may complicate things on one of the busiest travel days of the year.
Posted inBusiness, Local & State
Prices of Maine homes continued to climb in October
Median prices rose 4.6 percent to $224,900, while the volume of sales ticked up only slightly over October 2018 sales.
Posted inBusiness
Program to defray cost of IT training seeks applicants
TechHire Maine to use federal grant to help private businesses get upgraded IT training for their employees.