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Fed policy adviser: Three rate hikes possible in 2017

James McCarthy |

Jeffrey Fuhrer, executive vice president and senior policy adviser at the Federal Reserve Bank of Boston, says the median view of the Fed's policymakers is that there will be three 0.25 percentage...

Workforce shortage identified in Paris/Norway region

Employment and business experts meet to discuss a workforce shortage in the greater Paris/Norway region.

Ethos' former space acquired by nonprofit helping imprisoned young adults re-enter society

Laurie Schreiber |

A former office building at 907 Main St. in downtown Westbrook is the site of a new community re-entry program for young adults transitioning from imprisonment at the Maine Department of Corrections'...

Maine population growing but seeing more deaths than births

Maine’s population grew by 2,026 last year to just over 1.3 million. But there were 1,300 more deaths than births.

Mainely Tubs joins the growing roster of Maine ESOPs

Peter Van Allen |

Mainely Tubs in Scarborough became the latest Maine company to convert ownership to an Employee Stock Ownership Plan and is now 100% owned by its 39 employees.

Immigrants boost health care work force

Maine's health care labor force is getting a boost from immigrants, who are helping to mitigate the state's "demographic conundrum" of an aging population.

Latest Maine unemployment figures show little change

STAFF |

Maine's unemployment in November was 4.0%, unchanged from October and down slightly from 4.1% a year ago.

Here's what you need to know about state's new minimum wage

James McCarthy |

The Maine Department of Labor is advising employers that the new $9 minimum wage approved by voters on Nov. 8 will take effect on Jan. 7, but plans a “time-limited non-enforcement policy”...

MEMIC's first and only CEO to step down next year

John T. Leonard, who has led Portland-based MEMIC Group since its founding in 1993, will retire in September 2017, the company said Wednesday.

Here's how Maine's new minimum wage levels will impact OT pay

James McCarthy |

Maine's Department of Labor is alerting Maine employers that the minimum wage increase approved by Maine voters in the Nov. 8 election will have an impact on the salary threshold for determining...

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