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PublishedDecember 15, 2023
Congressional Budget Office projects lower inflation, higher unemployment over next 2 years
The office's Current View of the Economy from 2023 to 2025 report estimates that the unemployment rate will rise to 4.4% by the end of 2024.
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PublishedNovember 17, 2023
Maine could end 2023 with the lowest annual unemployment rate in its history
Many economic challenges remain, however, including a statewide housing crisis, increased homelessness, inflation, higher costs of living and an ongoing workforce shortage.
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PublishedOctober 20, 2023
Maine unemployment ticks up in September, but still near record low
September's jobless rate of 2.7% is a slight increase over August's 2.5 %.
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PublishedAugust 18, 2023
Maine’s jobless rate sits at record low for fourth month
The question is now whether that low streak will stay steady.
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PublishedMay 2, 2023
U.S. job openings dip to 9.6 million, lowest since 2021
U.S. job openings fell in March to the lowest level in nearly two years, a sign that the American labor market is cooling in the face of higher interest rates.
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PublishedApril 20, 2023
U.S. unemployment claims tick up to 245,000, but still low
The number of Americans applying for unemployment benefits remained low by historic standards last week.
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PublishedMarch 30, 2023
More Americans file for jobless claims; layoffs remain low
U.S. applications for jobless benefits rose last week but remain at historically low levels despite the Federal Reserve’s efforts to cool the economy and job market in its fight against inflation.
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PublishedMarch 13, 2023
Maine unemployment fell below 3% in January
At the same time, the number of jobs in the state rose to an all-time high of 648,000.
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PublishedFebruary 3, 2023
U.S. adds a surprisingly strong 517,000 jobs despite Fed hikes
It was a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates.
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PublishedJanuary 25, 2023
Maine unemployment rate inches up
The state's jobless rate rose slightly to 3.8% in December and is just slightly above the U.S. rate.
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