Forty employees are affected by the decision to end operations, likely by the end of March. The company will maintain a wholesale division for niche markets.
unemployment
Posted inBusiness, Local & State
Maine’s unemployment rate holds steady at 3.4%
For the third month in a row, the jobless rate in Maine remained the same.
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Posted inBusiness, Nation & World, Politics
Unemployment a maze for federal workers during shutdown
Some are hesitant to apply, knowing they will have to pay back the unemployment benefits when they finally return to work.
Posted inBusiness, Local & State
Maine unemployment under 4% for 36th straight month – and counting
But the lack of people seeking jobs will make it hard for businesses to start or expand.
Posted inLocal & State
Head of Maine’s botched unemployment system named to top child welfare post
John Feeney oversaw the roll-out of a new unemployment system last year and is now COO of the state Office of Child and Family Services.
Posted inBusiness, Nation & World
U.S. adds 155,000 jobs in November, unemployment steady at 3.7%
The numbers represent a slowdown from recent months, but experts say the economy is expanding at a solid pace.
Posted inBusiness, Local & State
Unemployment in October remained at historic lows
Although it ticked up slightly to 3.4 percent, it is still lower than the national average.
Posted inBusiness, Local & State
September’s 3.3% unemployment rate continues trend for Maine
A slight bump in government jobs was attributed to work at Portsmouth Naval Shipyard.
Posted inBusiness, Local & State, News
Maine unemployment rate ticked up slightly in August
The preliminary, seasonally adjusted estimate of 3.2 percent is higher than July’s rate but still lower than a year earlier.
Posted inBusiness, Nation & World
Despite strength of U.S. economy, many Americans struggling to get by
Among households with at least one working adult, more than 30 percent report difficulties affording food and other basic goods and services.