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New hiresFranklin Health Internal Medicine recently hired Beth Hartsock, a board-certified family and adult nurse practitioner. Hartsock has provided primary care for patients since 2002, most recently at York Family Practice.PenBay Vets in Rockport recently hired Sandy Belinky as practice manager. Belinky, an active member of the Veterinary Hospital Managers Association, holds a B.S. in […]

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Spotlight

Consensus Economic Forecasting Commission met in Augusta recently to assess work force data related to the rising number of payroll jobs and recent fluctuations in the unemployment rate, according to a release from the Maine Department of Labor.
Glenn Mills, chief economist of the Center for Workforce Research and Information at the DOL, reported that, “in the 12 months through June 2012, payroll jobs reported through quarterly unemployment insurance tax filings were up 6,800.”
The CWRI says the growth has occurred in private sector. The leisure and hospitality, health care, education and professional and business services are experiencing the most growth and are at or near all-time highs. The growth in the leisure and hospitality industry partially reflects the opening of one casino and the expansion of another. These figures are adjusted for seasonal fluctuations.
Construction jobs are up moderately from low levels. Manufacturing, retail and finance jobs have stabilized. The number of state and local government jobs has declined, and the number of federal government jobs stayed relatively the same.
The data set does not indicate that wage increases have corresponded with the increase in jobs.
During his presentation, Mills demonstrated how the decline in the national unemployment rate is based upon lower labor force participation, a trend which has been much less pronounced in Maine, which led to a near convergence of unemployment rates. Because Maine people continue to look for work and are therefore still counted amongst the unemployed, the state’s unemployment rate has not declined as has that of the nation.

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