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December 20, 2019

Maine unemployment rate holds steady in November

Maine's unemployment rate held steady at 2.8% in November, unchanged from the previous month and down from 3.5% a year ago, according to the latest data from the Maine Department of Labor.

That means that Maine's jobless rate has been below 4% for the 47 straight months, the MDOL said Friday.  

Compared to a year ago, the number is people who are unemployed is down 5,000 to 19,400.

Preliminary figures show an estimated 644,200 nonfarm payroll jobs in November, up from 5,200 a year ago. The private sector estimate is up 5,300 over the year, with the largest job gains in the leisure and hospitality, retail, manufacturing and construction sectors.

By contrast, the number of government jobs — estimated at 102,00 — has not changed significantly in the last few years. The 15.8% share of jobs in government is also the lowest on record.

Looking at individual counties, unemployment rates range from 2.8% in Sagadahoc County to 4.5% in Somerset County.

Unemployment rates were lower in all counties from last year, dropping the most (1%) in Oxford County.

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