The rule will make overtime pay available to 1.3 million additional workers, though the proposal replaces a more generous one advanced by former President Barack Obama.
MaineJobs News
Posted inBusiness, Local & State, News
New report shows outdoor fun is serious business for Maine’s economy
Activities like hiking, boating, hunting, gardening and golfing contribute more to Maine’s economy than they do in almost every other state.
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Posted inBusiness, Local & State, News
Maine’s low unemployment streak doubles previous record
The state’s unemployment rate has been below 4 percent for 44 consecutive months, twice as long as the previous record from September 1999 to July 2001.
Posted inBusiness, Local & State, Nation & World, News, Politics
Government labor crunch cuts into services, adds stress for Maine’s public employees
Hundreds of state and municipal jobs are vacant as officials struggle with a tight labor market, an aging workforce and pay that can’t compete with the private sector.
Posted inBusiness
Sun Life Financial adds paid family leave policy
The Canadian financial services firm has roughly 500 employees in Maine.
Posted inBusiness, Local & State
Maine’s bioscience sector gathers to figure out how to bring jobs, advance health
More than 175 entrepreneurs, researchers and policymakers attend the inaugural Life Science Ventures Seminar hosted by the Maine Center for Entrepreneurs in Portland.
Posted inBusiness, Local & State, Uncategorized
Maine companies hailed for sustainability, social justice efforts
The 5 companies are recognized for exceptional dedication to community, social justice, worker rights, customers support and being agents of change.
Posted inBusiness, Nation & World, News
Modest hiring enough to fuel sluggish but durable U.S. economy
But given the weak global economy and the trade war with China, the Federal Reserve is poised to cut interest rates, its chairman indicates.
Posted inBusiness, Local & State, News
Coalition aims to ease workforce crisis by keeping Maine college grads in Maine
The pilot program will include student interns conducting ‘guerrilla marketing’ activities and a partnership with a ride-sharing app.
Posted inBusiness, Local & State, News
Maine labor market growing tighter, federal data shows
The July unemployment rate in the Portland-South Portland metro area dipped nearly half a percentage point, to 1.9%.