Economists said the figures likely reflect Maine’s aging population and the move of many workers from jobs into retirement.
unemployment
Posted inBusiness, Maine, News
Maine’s low unemployment streak doubles previous record
The state’s unemployment rate has been below 4 percent for 44 consecutive months, twice as long as the previous record from September 1999 to July 2001.
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Posted inBusiness, Nation / World, 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.
Posted inBusiness, Nation / World, News
U.S. has 501,000 fewer jobs than first reported
The Labor Department said Wednesday that nearly two-thirds of the downward revision came from the retail and leisure and hospitality sectors.
Posted inBusiness
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.
Posted inBusiness, Maine
Maine’s low unemployment rate continues trend in May
The jobless rate of 3.3% is the same as a month ago and one year ago.
Posted inBusiness, Maine, News
Maine’s unemployment rate in April stays low and steady
For the past two years, April’s jobless rate has hovered at 3.3 percent.
Posted inBusiness, Maine
Unemployment remains steady in Maine
A preliminary rate of 3.4 percent in March is little changed from February, or from a year ago.
Posted inBusiness, Maine
Maine’s February unemployment rate extends streak
The state’s streak of unemployment rates below 4 percent continues.
Posted inBusiness
Maine unemployment rate remains low
AUGUSTA — Maine labor officials say unemployment has held steady in the early part of the year. The Maine Department of Labor says the unemployment rate of 3.5 percent has not changed since August. The rate is up slightly from 3.2 percent a year ago. Maine’s unemployment rate remained below the national rate of 4 […]