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MaineJobs News
Modest hiring enough to fuel sluggish but durable U.S. economy
But given the weak global economy and the trade war with China, the Federal Reserve is poised to cut interest rates, its chairman indicates.
After being destroyed by fire, a rebuilt sawmill and jobs returning to Jefferson
N.C. Hunt Lumber President Rob Hunt said 17 workers who were laid off in the wake of the March fire will likely return this winter.
Hannaford joins growing pool of retailers offering paid parental leave
The 6-week parental leave policy will apply to workers who average at least 30 hours per week on the job.
Idexx taps state tax breaks in exchange for job creation
The veterinary services company is in line for about $800,000 a year over 20 years in refundable tax credits, but it has to meet benchmarks.
Maine’s preliminary unemployment rate for July hits record low
If the seasonally adjusted rate of 3 percent holds up when the Department of Labor revises its numbers in April, it would be the lowest in state history.
Wex makes Fortune’s list of fastest-growing public companies
The Portland-based payment-processing technology firm ranked No. 72 on the top 100 list.
‘We just can’t compete with Canada right now’: Tariffs drive down U.S. lobster exports to China by 46%
But an increase in sales to Canada also has offset all but $14.4 million of the lost Chinese market.
Portland ship designer receives $8 million Navy contract
Navatek’s contract will allow it to expand its staff from 22 to 50, and deepen its partnership with the University of Maine.
State hammering out details of mandatory paid time off
The Department of Labor is giving plenty of lead time to employers nervous about a law that goes into effect in 2021.