Economy
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PublishedSeptember 29, 2022
U.S. economy shrank at 0.6% annual rate from April through June
It marked the second consecutive quarter of economic contraction, one informal rule of thumb for a recession.
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PublishedSeptember 12, 2022
Another View: Address long COVID as an economic drag
Up to 3 million full-time equivalent workers have been knocked out by lingering health effects. Let’s start acting like it.
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PublishedSeptember 3, 2022
Marty Walsh: Actually, America’s workforce is stronger than ever
We shouldn’t emerge from the pandemic with a soured view of our national work ethic, the U.S. labor secretary says.
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PublishedAugust 19, 2022
Maine’s unemployment rate heads toward record low
The state's jobless rate hits the lowest point since the start of the pandemic and nears record lows set three years ago.
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PublishedAugust 17, 2022
Understaffed Midcoast restaurants can’t meet demand
While business at restaurants has largely bounced back since the pandemic-induced lows of 2020, staffing shortages are forcing some local spots to cut hours or menu items.
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PublishedAugust 15, 2022
Delayed raises and renovations: Small businesses face new uncertainties
They're being barraged by diverging economic messages that have many wondering what to do next. The U.S. economy shrank for a second quarter in a row, reviving fears that the country might be entering a recession.
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PublishedAugust 2, 2022
Job openings eased in June, reflecting early signs of slowdown
Americans still quit at the same elevated rate as the last few months.
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PublishedJuly 27, 2022
Our View: White House reassurance on recession should not be taken at its word
Lack of consensus on America’s economic prospects makes it best to err on the side of caution.
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PublishedJuly 24, 2022
Expect higher costs, more closures as seasonal worker shortage strains Maine restaurants
Overburdened and understaffed restaurant owners consider wage and menu price hikes to stay in business.
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PublishedJuly 22, 2022
Slump for tech chops off chunk of Wall Street’s winning week
Wall Street gave back some of its strong gains from the week on Friday following discouraging readings on the global economy.
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