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January 27, 2016

Maine’s unemployment rate at its lowest since 2001

Maine’s unemployment numbers are at their lowest point since 2001 as the jobless rate hit 4.0% in December, due in part to a smaller number of people working or looking for work.

The national unemployment rate during that same period was at 5.0%.

According to The Bangor Daily News, the 4.0% unemployment rate is down from 5.5% reported by the Maine Department of Labor at the same time in 2014. The estimated total labor force in the state dropped 2.5% over the year, and for the first time in 17 years, the population of Maine that is employed dipped below the national average.

Read more

U.S. economy adds ‘respectable’ 215,000 jobs in July

Maine unemployment tax rate to fall to lowest point since 2009

Maine’s jobless numbers hit new low

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