The state gained more than 6,000 jobs in August and the unemployment rate fell to 6.9%, but labor department analysts suspect the true jobless rate is almost 10%.
unemployment
Posted inBusiness, Maine
Maine’s continuing weekly jobless claims fall by nearly 10,000
Weekly certifications for both state and federal benefits declined sharply last week, to 56,700, after totaling roughly 66,000 the previous week.
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Posted inBusiness, Maine
Maine implements $300-per-week federal jobless payments
The enhanced unemployment benefit will be paid retroactively to the week ending Aug. 1 for eligible claimants, but funding will run out this month.
Posted inBusiness, Maine
Maine jobless claims remain virtually unchanged
Roughly 66,000 Mainers filed for unemployment benefits in the first week of September, a slight decline from the 67,500 who filed the previous week.
Posted inBusiness, Maine
Maine unemployment claims increase slightly as layoffs continue
The number of initial and continued claims appears to be be leveling off after declining sharply from a peak this spring.
Posted inBusiness, Nation / World
Capital One cuts card limits amid U.S. jobless-aid impasse
Some customers have complained their limits have been slashed by a third to two-thirds, eroding their ability to borrow in an emergency or potentially hurting their credit scores.
Posted inBusiness, Maine
Maine jobless claims trend downward as layoffs continue
The number of weekly unemployment claims last week fell to their lowest point since mid-March, but more than 1,000 Mainers filed new claims for jobless aid.
Posted inBusiness, Maine
New jobless aid to have limited benefits as more Mainers slip into poverty
Struggling Mainers have turned to state assistance to make ends meet since enhanced unemployment benefits expired at the end of July.
Posted inBusiness, Maine
Unemployed Mainers now can receive benefits for as long as a year
The state is invoking an emergency extension that, combined with an earlier federal extension, prolongs eligibility to 52 weeks.
Posted inBusiness, Maine
Maine jobless rate jumps to 10% as state applies for Trump-ordered benefits program
The state’s unemployment rate increased from 6.7% in June as more Mainers started looking for work and the state received more accurate survey data.