While the jobless rate declines, the state’s workforce shrinks even more, showing signs of a significant labor shortage that economists have long predicted.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, News
Raking it in? Profits are juicier in Canada
That’s blueberry grower Ed Flanagan’s take. His Wyman’s of Maine has invested more money north of the border, which has far lower business costs that the U.S. would do well to emulate.
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Posted inBusiness, Local & State, News
Court records in Steer N Stein loan case show thousands spent on meals, retail purchases
A development group seeks to recover $125,000 it loaned a local businessman for a failed restaurant effort.
Posted inBusiness, Local & State, News
Maine tourism spending in 2015 topped $5.65 billion, a record
The industry was buoyed by increased recreation spending and lodging sales.
Posted inBusiness, Local & State, News
Nova Scotia ferry operator reportedly finds smaller, faster vessel
A Canadian newspaper says the USNS Puerto Rico, a 349-foot-long catamaran, will replace the failed MV Nova Star for the 2016 season.
Posted inBusiness, Local & State, News
L.L. Bean sales flat in 2015; employees still get 3 percent bonus
Robust sales of Bean boots help offset the negative effect that warm weather had on the purchases of winter apparel.
Posted inBusiness, Nation & World, News
Sweden seeks to stop imports of live Maine lobster into Europe
It says the American species can carry diseases and parasites and have negative genetic effects.
Posted inBusiness, Local & State, News
Maine’s percentage of homes in foreclosure remains among nation’s highest
Although repossessions are down, the state’s rate of mortgages in distress ranks seventh in the U.S., partly because of the lengthy court process.
Posted inLocal & State, News
Four high school jazz ensembles judged tops in Maine
South Portland High School, Greely High School, Mount Desert Island High School and George Stevens Academy take first-place honors in the competition.
Posted inBusiness, Local & State, News
Maine fishermen landed a record $616.5 million catch last year
Lobster increased its dominance over the industry, while elvers proved highly lucrative but elusive in a cold spring.