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156 Results / Page 3 of 16
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Jobs and Income

Report finds Maine’s labor market strong, but households still struggle to meet basic costs

As average prices rose 20% nationally between 2019 and 2023, median household income in Maine rose 25% in that same timeframe, according to the State of Working […]

Maine Morning Star
Posted October 23, 2024
Tags Incomes, Inflation, Job Quality, Jobs, Wages
Jobs and Income

Wednesday Sit-Down: Incomes in Maine

In this week’s Wednesday Sit-Down, James Myall, policy analyst from the Maine Center of Economic Policy, sits down with CBS 13 to talk about incomes in Maine. […]

WGME
Posted September 25, 2024
Tags Incomes, Job Quality, Jobs, Wages
Health Care, Jobs and Income, Maine’s Economy

Census data shows most Mainers ahead compared to pre-pandemic — but poorest still struggling

At a glance: Between 2019 and 2023, Maine’s median household income rose 5% to nearly $74,000, while the bottom 20% saw a 1% drop to just over […]

James Myall
Posted September 17, 2024
Tags Economic Security, Health Care, Incomes, Minimum Wage, Poverty, Wages
Health Care, Jobs and Income, Maine’s Economy

STATEMENT: New census data shows most Mainers ahead compared to pre-pandemic — but poorest Mainers still struggling

New data released today by the US Census Bureau shows inflation-adjusted incomes in Maine rising faster than the national average. The number of Mainers without health insurance […]

Posted September 12, 2024
Tags Economic Security, Health Care, Incomes, Job Quality, Poverty, Wages
Jobs and Income

Maine’s minimum wage to increase to $14.65 next year, boosting wages for 96,000 workers

New data from the US Bureau of Labor Statistics shows Maine’s minimum wage will increase by 50 cents per hour in 2025 to keep pace with increased […]

James Myall
Posted September 11, 2024
Tags Incomes, Job Quality, Minimum Wage, Wages
Jobs and Income, Taxes and Budget

With government assistance, Maine continues to have lowest share of people living in poverty

Data released by the U.S. Census Bureau Tuesday showed 82,000 Mainers — or just about 6% of the population — were still considered poor after accounting for […]

Maine Morning Star
Posted September 10, 2024
Tags Incomes, Poverty
Health Care, Jobs and Income, Maine’s Economy

STATEMENT: New census data underscores how federal and state programs boost income and reduce poverty for Mainers

Data on income, health insurance coverage, and poverty are available here.  “Families are seeing the benefits of a strong economy and rising wages, especially in rural areas,” […]

Posted September 10, 2024
Tags Health Care, Incomes, Poverty
Jobs and Income, Taxes and Budget

3 reasons why “no tax on tips” isn’t all it’s cracked up to be 

Both Vice President Harris and former President Trump have recently endorsed the idea of exempting tipped income from federal income taxes. The effort also has a vehicle […]

James Myall
Posted August 30, 2024
Tags Income Tax, Incomes, Job Quality, Jobs, Tax Breaks, Tax Fairness, Taxes, Wages
Maine’s Economy

5 reasons to be optimistic about Maine’s economy

At a glance:  Despite consensus that the economy is in bad shape, Americans are broadly optimistic about their own financial circumstances  Economic data mirrors this sentiment: unemployment […]

James Myall
Posted July 30, 2024
Tags Economic Security, Economy, Incomes, Inequality, Job Quality, Jobs, Wages
Jobs and Income

New federal overtime rule will protect an extra 26,000 salaried Maine workers

At a glance: The federal department of labor is raising the threshold for low-paid salaried workers to be eligible for overtime pay, nearly doubling the number of […]

James Myall
Posted July 3, 2024
Tags Incomes, Job Quality, Jobs, Overtime, Wages
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