Business and Economy

Business news

The unemployment rate in Maine dipped below 7% in August, but labor officials warned the jobs picture in the state has been erratic since the start of the pandemic.

The Maine Department of Labor reported on Friday that unemployment rate fell from 9.9% in July to 6.9% in August. The department says in a statement the decrease in unemployment "was partly from an increase in employment, but mostly from a decease in labor force participation."

Josh Keefe / Bangor Daily News

Last week, Senate President Troy Jackson, D-Allagash, filed a complaint with the U.S. Department of Labor alleging the agency has failed to enforce immigration law and protect U.S. loggers from illegal Canadian competition along the northern border.

A program designed to help school-age children access food during school closures caused by the pandemic is set to expire at the end of September if Congress does not take action to extend it.

KITTERY, Maine - The attack submarine USS Texas arrived has arrived at Portsmouth Naval Shipyard for maintenance work and system upgrades.

CMP Corridor Opponents Launch 2nd Referendum Bid Aimed At Killing The Project

Sep 16, 2020
Natalie Williams / BDN

Opponents of Central Maine Power’s proposed corridor launched a second referendum bid on Wednesday intended to pressure lawmakers to overturn the $1 billion project, but it could face issues similar to an initial bid struck from the 2020 ballot.

The Trump administration has lifted a 10% tariff on aluminum imported from Canada.

Bill Trotter / Bangor Daily News

Bar Harbor tourism business owners say they have been getting more customers the past two months despite the global COVID-19 pandemic, but their revenues still are way behind what they were in early September a year ago.

Fred Bever / Maine Public

A federal award of some $50 million to Maine lobstermen to compensate for losses created by the U.S. trade war with China is upsetting live lobster dealers and processors who were left out of the equation. Even some lobstermen are questioning the formula — and some observers see one key motivation behind the decision: presidential politics.

Fred Bever / Maine Public

Maine lobstermen will get a share of $530 million in federal relief for the U.S. Seafood industry, which has been hurt by the trade dispute with China. China, at one point, raised tariffs on American lobster to 32 percent, significantly reducing Maine's exports there.


One of the biggest changes that students are facing as schools reopen this fall are new "hybrid" schedules, in which they may go to class just two or three days per week. That is also challenging for many parents who are now scrambling to find child care in a state where access and cost were major barriers, even before the pandemic.

Susan Sharon / Maine Public

After five years, and several attempts, Saddleback Mountain in Rangeley is opening again for skiing on Dec. 15.

SOUTH PORTLAND, Maine - Officials in Maine say the state's first two licensed retail marijuana stores are located more than 100 miles apart in very different parts of the state.

In recent decades, farms have faced difficulties in finding enough people to work. This year, the Maine Department of Agriculture, Conservation and Forestry decided to try and do something about it with an initiative called FarmingForME, including a social media blitz, an awareness and education campaign and a new jobs web link dedicated to open farming positions.

Steve Helber / Associated Press/file

The Trump administration late Tuesday announced that the U.S. Centers for Disease Control will be imposing a moratorium on evictions for Americans who are in dire financial straits due to the coronavirus pandemic. Maine Public's Morning Edition host Irwin Gratz spoke with Mike Spaulding, an attorney at Pine Tree Legal Assistance who specializes in housing issues, about how the moratorium will work, and for whom.

Gratz: Sir, welcome.

Spaulding: Thank you.

AUGUSTA, Maine - Central Maine Power is launching a $4,000 incentive for installation of 240-volt charging stations for electric cars.