Wages are on the rise, too, as indicators point to a stabilizing economy in the state, according to Department of Labor data.
economic growth
Maine Voices: Business experience doesn’t necessarily mean economic success
Economies change because of social and economic factors beyond a chief executive’s control.
Employees plan send-off for outgoing Sears store in Augusta
The Turnpike Mall site is among more than 40 retail stores being closed nationwide.
Fed raises benchmark interest rate for second time in 3 months
Increasing the cost of borrowing could frustrate the ambitious goals of the Trump administration.
South Portland struggles with identity as city’s population evolves
It’s becoming known as a progressive mecca, but some residents yearn for a bygone era seen as friendlier to industry and the working class.
Revisions affirm U.S. economy grew at weak rate last quarter
The GDP rose by only 1.9 percent, and finished at just 1.6 percent for all of 2016, the worst in five years.
Warren Buffett upbeat in annual letter to Berkshire Hathaway shareholders
‘Babies born in America today are the luckiest crop in history,’ the billionaire says, repeating a past mantra.
Trump could put high-speed rail back on track in U.S.
Trains that travel at least 200 mph may fit into the president’s plan for $1 trillion in infrastructure spending.
Another View: Massive anti-corruption protests show Romanians’ strength
Meanwhile, in the U.S., it’s unclear whether the Cabinet nominated by President Trump will be more honest in office because they’re already rich.
Trump tells CEOs he’ll eliminate excessive regulations on automakers
He wants to make it easier for them to build plants in the U.S. and create manufacturing jobs, one of his campaign promises.