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Maine’s Economy

CFPB takes first step with new federal payday lending rule, but Maine must be on guard

Just yesterday, the federal Consumer Financial Protection Bureau (CFPB) released a new rule that will reduce the harm to Maine families of short-term payday lending. But the […]

Jody Harris
Posted October 6, 2017
Tags Consumer Protection
Maine’s Economy

SOWM 2017 Chartbook

 

MECEP
Posted September 22, 2017
Tags Economy
Maine’s Economy

New Report: State of Working Maine 2017

The State of Working Maine 2017 presents a comprehensive analysis of the economic, demographic, and workforce trends that impact the quality and quantity of jobs in Maine. […]

MECEP
Posted September 20, 2017
Tags Economy
Maine’s Economy

State of Working Maine 2017

Contents Introduction  A lagging economy leaves rural Maine behind Employment rates mask a troubling trend away from work Eroding middle-class jobs and growing inequality worsen economic outlook […]

MECEP
Posted September 18, 2017
Tags Economic Security, Economy, Food Insecurity, Health Care, Incomes, Unemployment, Wages
Maine’s Economy

#DefendDACA: Dreamers are good for jobs and the economy 

New Mainers are part of the solution to Maine’s demographic problems and help us fill labor needs. Beneficiaries of Deferred Action for Childhood Arrivals (DACA), or “Dreamers”, […]

MECEP
Posted August 23, 2017
Tags Economy, Immigration, Jobs
Maine’s Economy

Proposed RAISE act immigration limits would harm Maine's economy

New Mainers tend to be better-educated and younger than Maine’s general population. In addition, the rate of small business ownership tends to be higher among minorities and immigrants than Maine’s population overall. This is the kind of entrepreneurial spirit on which America was founded and built.

MECEP
Posted August 4, 2017
Tags Economy, Immigration
Maine’s Economy

A New Great Depression in Rural Maine

New data released by the US Bureau of Economic Analysis provide more evidence of Maine’s lackluster economy, and the failure of policies pursued by Governor LePage and his […]

James Myall
Posted July 31, 2017
Tags Medicaid
Maine’s Economy

Testimony in Support of LDs 1199 and 1242 (consumer financial protection)

The debt buying industry, primarily out-of-state companies, threatens and deceives consumers to collect on debts they know are inaccurate. LDs 1199 and 1242 will put in place […]

Mark Sullivan
Posted April 11, 2017
Tags Consumer Protection
Maine’s Economy

Testimony in Opposition to LD 1164 An Act To Facilitate Small Loans in Maine

Seniors, veterans, and all Maine families and individuals who are doing their best to get by in difficult times need fair and responsible resources that will truly […]

Mark Sullivan
Posted April 11, 2017
Tags Consumer Protection
Maine’s Economy

Testimony in Support of LD 1008, An Act To Establish the Permanent Commission on the Status of Racial and Ethnic Populations

Maine’s economic future hinges on our ability to attract, retain, and maximize the contributions of racial and ethnic populations. Relative to other states and nations, Maine is […]

Mark Sullivan
Posted April 3, 2017
Tags Racial Equity
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