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With Maine’s jobless rate at a historic low, employers are hiring interns to attract — and test — young talent and build loyalty.
A roundup of new hires, promotions and achievements from businesses and nonprofits throughout Maine.
There are very few jobs available right now that don’t require some level of education or training. We hear it all the time at Mainebiz, but employers of all kinds are struggling to find workers.At the front end, employers are offering higher wages or salaries, signing bonuses and incentives like flex time or hybrid work. But to be ready to move into those positions, potential employees need education and/or training.
Sponsored by: GoNetspeed, a fiber internet provider
Despite economic uncertainty and sharp swings in the stock market, Americans' retirement accounts grew in size during the second quarter of 2023, Fidelity Investments recently reported. The quarter was the third consecutive period to show an increase in account balances.
The average IRA balance grew to $113,800, up 5% from the previous quarter and a 41% increase from 10 years ago, according to nationwide data compiled by Fidelity.
The average 401(k) balance jumped to $112,400, a 4% increase from the previous quarter and a 39% increase from 10 years ago.
At the same time, the average 403(b) balance increased to $102,400, 5% more than the amount in the previous quarter and a whopping 65% spike from 10 years ago.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreFew people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn MoreThis special publication examines the startup infrastructure in Maine and the resources available to help entrepreneurs at the various stages of the startup journey.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
This special publication examines the startup infrastructure in Maine and the resources available to help entrepreneurs at the various stages of the startup journey.
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