Portland Continues to Drive Job Growth

October 29, 2014 by

The greater Portland area—extending from Kennebunk in the south to Freeport in the north—continues to account for most of the job growth in Maine over the past seven years, according to MECEP analysis of metropolitan area nonfarm payroll employment figures released today by the US Bureau of Labor Statistics.

Since the Great Recession officially began in December, 2007, the Portland metropolitan area has added about 2,900 jobs, while the rest … Read the rest

Broadly-Measured Unemployment Continues Slow Road to Recovery

October 28, 2014 by

Although remaining well-above pre-recession levels, Maine’s “U6” rate of unemployment is showing signs of improvement along with the nation as a whole, according to data released last week by the US Bureau of Labor Statistics. On average over the past year, Maine’s U6 rate of unemployment was 12.4%, virtually no different than the 12.5% rate in the nation as a whole. The pre-recession rates were between 8 and 9 percent … Read the rest

Education Funding Falters in Maine, Has Serious Repercussions

October 16, 2014 by

Maine cuts to school funding since the start of the recession are among the largest in the nation, and the deepest in New England, according to a new study released today. The report by the non-partisan  Center on Budget and Policy Priorities (CBPP), Most States Still Funding Schools Less than before the Recession, found that Maine has cut investment in K-12 education by 13.3 percent since 2008, a … Read the rest