Some say the worst is over. Others worry more paper mill closings will follow last week’s Bucksport announcement. A look at what the future could hold for Jay and Rumford. When news broke 10 days ago that Bucksport’s paper mill would close, Ron Hemingway took to Facebook. “This could be us and we know that,” […]
charlie colgan
Posted inBusiness, sj-web
Economist sees steady growth this year for Maine’s economy
PORTLAND — Maine’s economy is expected to see steady growth this year, providing an opportunity for the state to begin tackling the challenges it will face in the future as its population continues to age, a former state economist said Tuesday. Last year was a turning point for Maine toward post-recession recovery and that will […]
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Posted inBusiness, sj-web
Economist says Maine needs more people to fuel a full recovery
BANGOR — If Maine’s going to continue to dig itself out of the recession and thrive in the future it needs more people, according to an economics and public policy professor with 12 years of experience in the State Planning Office under three governors. Charles Colgan, a public policy and management professor at the Muskie […]
Posted inAdvertiser Democrat, Business, Maine, The Franklin Journal
Colgan’s fall forecast: More jobs, but recovery way off
Charlie Colgan believes Maine is about to hit three consecutive quarters of job growth, which the state hasn’t done since 2007, before the Great Recession. However, he pushed back Maine’s prognosis for a full jobs’ recovery. Way back. To 2018. Colgan will deliver the mixed-bag economic forecast as part of the New England Economic Partnership […]
Posted inBusiness, sj-web
Economist says Maine needs to import young, productive workers
AUGUSTA — Any efforts to improve the economy in Maine will be thwarted by the state’s aging population unless the state can attract more young people, and the widely held goal of preventing young Mainers from moving out of state won’t come close to solving the problem. That was the keynote message from University of […]