Jobs and Income As jobless rate hits nearly 18 percent, Unemployment Insurance is a critical tool to limit coronavirus transmission At least 14.5 percent of the state’s workforce has lost their jobs since March 15, as Mainers take the necessary steps to limit transmission of the coronavirus […] Sarah Austin Posted April 23, 2020 Tags Coronavirus, Federal, Unemployment
Maine’s Economy Roughly 13 percent of Maine’s workforce has filed unemployment claims in the past month On Thursday, the Maine Department of Labor announced that 13,421 Mainers had filed new unemployment claims in the past week, a decline in weekly claims after three […] Garrett Martin Posted April 16, 2020 Tags Coronavirus, Unemployment
Jobs and Income Mainers eligible for $1.3 billion in stimulus payments, but many risk losing out The CARES Act — a $2.2 trillion relief package enacted by Congress to address the fallout from coronavirus — includes a provision for one-time payments to most […] James Myall Posted April 15, 2020 Tags Coronavirus, Federal
Jobs and Income Coronavirus relief for frontline workers has big implications for gender and race equity As many sectors of the economy come to a halt, workers in essential service industries are still clocking in to ensure people are able to meet basic […] Sarah Austin Posted April 14, 2020 Tags Coronavirus, Federal, Inequality
Maine’s Economy Evictions and foreclosures increase coronavirus risks. A rent and mortgage freeze will protect us. The outbreak of the COVID-19 epidemic in the United States has triggered an unprecedented economic downturn. Businesses are closing, workers are losing their jobs, and families face […] James Myall Posted April 7, 2020 Tags Coronavirus, Housing
Maine’s Economy Facing income crunch from coronavirus, debt-burdened Americans need relief now As tens of thousands of Mainers face lays offs and unemployment, two things will happen: With no earnings coming in, they will default on their loans and […] Jody Harris Posted April 7, 2020 Tags Consumer Protection, Coronavirus, Student Debt
Maine’s Economy Federal action means help for out-of-work Mainers as unemployment claims continue to break records On March 27, President Trump signed the Coronavirus Aid, Relief and Economic Security, or CARES, Act into law. The $1.8 trillion package contains a number of provisions […] James Myall Posted April 2, 2020 Tags Coronavirus, Federal, Unemployment
Maine’s Economy Federal coronavirus relief law provides free testing, paid leave, and additional food assistance President Trump signed into law Thursday an emergency relief bill to bolster the federal government’s response to the coronavirus pandemic. The Families First Coronavirus Response Act ensures […] James Myall Posted March 19, 2020 Tags Coronavirus, Federal
Jobs and Income Maine’s omnibus coronavirus response law will help workers, small businesses facing income loss On Tuesday, the Maine Legislature approved an omnibus package of measures aimed at responding to the health and economic impacts of coronavirus. Governor Janet Mills signed the bill into law on Wednesday. The […] James Myall Posted March 19, 2020 Tags Coronavirus, Unemployment
Taxes and Budget Maine’s new supplemental budget focuses on coronavirus response The Maine Legislature on Tuesday enacted a supplemental budget, appropriating an additional $73 million to fund key priorities before the biennial budget expires on July 1, 2021. […] Sarah Austin Posted March 18, 2020 Tags Budget, Coronavirus