Report projects more than 61,000 jobless in Maine by June

Maine could lose 61,000 jobs by June, triggered by the COVID-19 response, more than three times what was lost in the Great Recession, according to a report published […]

MaineBiz

Posted April 2, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment

Jobs and Income, Maine’s Economy

Report: Maine could lose 3 times more jobs by June than it did in the Great Recession

That figure would equate to more than triple the jobs lost in the state during the Great Recession and more per capita than all but eight other […]

Bangor Daily News

Posted April 1, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment

Jobs and Income, Maine’s Economy

NEW REPORT: Downturn from coronavirus poised to dwarf the Great Recession

New recession will bring unprecedented job loss and GDP decline as economically disruptive measures remain necessary to save lives AUGUSTA, Maine — The coronavirus pandemic will bring a […]

Posted April 1, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment

Maine’s Economy

REPORT: Economic downturn from Coronavirus will dwarf Great Recession, demands bold policy response

UPDATE (April 30, 2020): As confirmed cases of COVID-19 rise and the coronavirus pandemic continues to rock the economy, several of the indicators in this report have […]

Sarah Austin

Posted April 1, 2020

Tags Budget, Coronavirus, Economy, Federal, Recession, Revenue

Jobs and Income, Maine’s Economy

New MECEP report outlines policy priorities for federal response to COVID-19's economic fallout

Scale and scope of relief from Congress, Trump administration will determine the human toll of the coronavirus-fueled recession AUGUSTA, Maine — As the coronavirus pushes the nation into […]

Posted March 26, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment

Maine’s Economy

REPORT: Policy priorities for the federal response to COVID-19's economic fallout

As the coronavirus pushes the nation into a recession, the response by federal policymakers will determine the extent of the economic harm on families and small businesses. […]

James Myall

Posted March 26, 2020

Tags Coronavirus, Federal, Recession

Jobs and Income, Maine’s Economy

Maine unemployment claims skyrocket to record 21,500 in 1 week

Nationwide, almost 3.3 million workers filed for unemployment benefits last week, the highest seasonally adjusted total on record, according to the U.S. Department of Labor. The previous […]

Portland Press Herald

Posted March 26, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Recession, 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

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Report projects more than 61,000 jobless in Maine by June

Report: Maine could lose 3 times more jobs by June than it did in the Great Recession

NEW REPORT: Downturn from coronavirus poised to dwarf the Great Recession

REPORT: Economic downturn from Coronavirus will dwarf Great Recession, demands bold policy response

New MECEP report outlines policy priorities for federal response to COVID-19's economic fallout

REPORT: Policy priorities for the federal response to COVID-19's economic fallout

Maine unemployment claims skyrocket to record 21,500 in 1 week

Federal coronavirus relief law provides free testing, paid leave, and additional food assistance

Maine’s omnibus coronavirus response law will help workers, small businesses facing income loss

Maine’s new supplemental budget focuses on coronavirus response