Taxes and Budget

Forecasted 3-year, $1.4 billion revenue shortfall reinforces need federal, state action to protect critical jobs and services

New revenue projections released by state officials on Wednesday reiterate that Maine faces jaw-dropping revenue shortfalls that demand a strong federal response and a willingness by state […]

Sarah Austin

Posted July 29, 2020

Tags Budget, Coronavirus

Jobs and Income, Maine’s Economy

REPORT: Cuts to Pandemic Unemployment Compensation would harm 182,000 Mainers

The COVID-19 relief plan released by US Senate Republicans on July 27 would slash Federal Pandemic Unemployment Compensation (FPUC) by $400 per week, affecting approximately 182,000 Mainers […]

James Myall

Posted July 28, 2020

Tags Coronavirus, Incomes, Unemployment

Maine’s Economy

Consumer Finance Watchdog Agency Delivers a Gut Punch to Maine Consumers

Last week, the Consumer Financial Protection Bureau (CFPB) released new regulations on payday lenders. Instead of reigning in the notoriously greedy industry, the Bureau eliminated common sense […]

Jody Harris

Posted July 17, 2020

Tags Consumer Protection, Federal

Maine’s Economy

86,000 Mainers face steep income losses if Congress doesn’t extend pandemic unemployment benefits

The economic downturn caused by the COVID-19 Pandemic is unprecedented in our lifetimes. The urgent public health requirement that Mainers stay home as much as possible has […]

James Myall

Posted July 16, 2020

Tags Coronavirus, Federal, Incomes, Unemployment

Maine’s Economy

Tracking the economic impact of COVID-19 in Maine

MECEP is monitoring several short-term indicators to track the effect of the COVID-19 pandemic on Maine’s economy. Sources for each indicator can be seen in the descriptions below. Indicator 1: COVID-19 cases in Maine […]

James Myall

Posted July 9, 2020

Tags Coronavirus, Economic Security, Economy, Food Insecurity, Health Care, Housing, Medicaid, Unemployment

Maine’s Economy

Policy Memo: Distribution of Coronavirus Relief Funds in Maine

The following is a reproduction of a memo produced by MECEP policy analysts Sarah Austin and James Myall for the Governor’s Economic Recovery Committee. To see the […]

Sarah Austin

Posted July 1, 2020

Tags Coronavirus, Recession

Health Care

Black Mainers are 8 times more likely than white Mainers to be hospitalized for COVID-19

New data from the Maine Center for Disease Control shows that Black Mainers are more than eight times as likely to be hospitalized with COVID-19 as white […]

James Myall

Posted June 30, 2020

Tags Coronavirus, Racial Equity

Maine’s Economy

While signs of improvement appear, Maine unemployment remains at unprecedented levels

While the latest data on Maine unemployment claims show some reason for hope, Maine’s unemployment levels remain at unprecedented levels three months after the coronavirus pandemic sent […]

James Myall

Posted June 12, 2020

Tags Coronavirus, Unemployment

Health Care

Black Mainers now 20 times more likely than whites to experience COVID-19 — and the disparity is growing

Black and African American Mainers are now roughly 20 times more likely than whites to have contracted COVID-19, according to data released by the Maine CDC. One […]

James Myall

Posted June 5, 2020

Tags Coronavirus

Health Care, Maine’s Economy

Job losses bring additional crisis for laid-off workers: loss of health coverage

Between 72,000 and 131,000 Mainers could lose their employer-sponsored health insurance as a result of widespread layoffs spurred by the coronavirus pandemic, with as many as 31,000 […]

James Myall

Posted May 29, 2020

Tags Coronavirus, Unemployment

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Forecasted 3-year, $1.4 billion revenue shortfall reinforces need federal, state action to protect critical jobs and services

REPORT: Cuts to Pandemic Unemployment Compensation would harm 182,000 Mainers

Consumer Finance Watchdog Agency Delivers a Gut Punch to Maine Consumers

86,000 Mainers face steep income losses if Congress doesn’t extend pandemic unemployment benefits

Tracking the economic impact of COVID-19 in Maine

Policy Memo: Distribution of Coronavirus Relief Funds in Maine

Black Mainers are 8 times more likely than white Mainers to be hospitalized for COVID-19

While signs of improvement appear, Maine unemployment remains at unprecedented levels

Black Mainers now 20 times more likely than whites to experience COVID-19 — and the disparity is growing

Job losses bring additional crisis for laid-off workers: loss of health coverage