maine economy
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PublishedJuly 20, 2020
Coronavirus and papermaking woes bring tough times to Maine’s logging industry
'This is probably the lowest point that I've ever seen,' says one logging industry veteran and association president.
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PublishedJuly 19, 2020
Maine lobster industry’s large PPP loan recipients
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PublishedJuly 19, 2020
Maine Voices: Want to help the economy? Stay home.
Reopening too aggressively leads to outbreaks that require reimposition of public health measures, further restricting consumer confidence.
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PublishedJuly 19, 2020
Pandemic relief flows to Maine’s lobster supply chain
A sprawling network of dealers, retailers and processors in the state received at least $9.2 million in federal Paycheck Protection Program loans.
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PublishedJuly 17, 2020
Maine unemployment rate dipped below 7% in June
The rate fell from 9.3% in May to 6.6% in June as a tepid economic recovery added about 19,000 jobs. But a state economist warns that the unemployment rate doesn't fully capture the scope of job losses.
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PublishedJuly 16, 2020
Maine unemployment claims increase after weeks of decline
The number of Mainers who filed initial claims last week increased by more than 60% from the previous week, to 4,400.
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PublishedJuly 15, 2020
Mills’ economic recovery committee calls for $1.1 billion investment
Leaders of the Governor's Economic Recovery Committee say any recovery plan for Maine must work in concert with protecting public health.
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PublishedJuly 13, 2020
Low-income Mainers barely hanging on to keep paying rent, research shows
Some are falling behind on other bills, using food pantries or relying on federal and state assistance, which experts say is not sustainable with financial aid programs set to expire.
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PublishedJuly 10, 2020
Maine workers, labor groups warn of widespread suffering unless federal jobless aid is extended
The added $600-per-week benefit has saved thousands of Maine households from poverty, but it is due to expire soon, which could create economic calamity, advocates warn.
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PublishedJuly 10, 2020
Commentary: Better broadband access is mission critical for Maine’s economy
Vote ‘yes’ on 1 to put millions of dollars to work creating jobs, supporting students and helping businesses rebound and grow.
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