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Report: $15M investment needed to bolster Maine aquaculture over next decade
January 26, 2022Maine's aquaculture industry is becoming a driver of coastal economies, and a new plan details growth opportunities to continue that momentum.
January 26, 2022
Maine will channel $12M to help businesses expand apprenticeships
Updated: January 26, 2022Backed by $11 million in federal funding from the Maine Jobs & Recovery Plan and additional funding from the U.S Department of Labor, the apprenticeship program is part of a larger effort to address workforce challenges.
Updated: January 26, 2022
Droves more Mainers are saying 'I quit,' new data show
January 25, 2022The Great Resignation has been challenging employers for almost a year. Now Maine has recorded a dramatic surge in the portion of its workforce quitting their jobs.
January 25, 2022Maine's unemployment rate improved modestly in December
January 25, 2022The unemployment rate dipped slightly in December, and labor force participation hovered at roughly the same level as the last nine months.
January 25, 2022
In a Mainebiz poll, companies cited staffing as their top investment for 2022
Updated: January 24, 2022More than half of business leaders surveyed by Mainebiz said their top investment for 2022 would be in staffing.
Updated: January 24, 2022
SoPo’s mojo: Retail development takes off in South Portland
Updated: January 24, 2022Retail development is booming in the state's fourth-largest city, from walkable waterfront neighborhoods to the sprawling shopping plazas of the Maine Mall area.
Updated: January 24, 2022
An Alfond grant will expand STEM education in Maine
January 12, 2022An Augusta nonprofit, whose work affects nearly 40,000 students, received a $1 million grant from the Harold Alfond Foundation to expand science education in Maine.
January 12, 2022
2022 Forecast: HospitalityMaine workforce chief predicts banner year for COVID-battered sector
Updated: January 10, 2022Derek Fassett, HospitalityMaine’s director of education and workforce development since September, predicts a banner year for a sector hammered by COVID.
Updated: January 10, 2022
2022 Forecast: Within diverse aquaculture industry, slow-but-steady growth
Updated: January 10, 2022Slow-but-steady growth and a diverse industry have been a hallmark of the industry for many years, sustaining it through economic downturns, the pandemic and other challenges.
Updated: January 10, 2022
Maine employers prepare to pay big raises in 2022
Updated: January 7, 2022The results of a Mainebiz survey as well as a new national study both reach a similar conclusion: 2022 will be an expensive year for employee compensation.
Updated: January 7, 2022
WEX announces CFO transition, raises profit forecast
Updated: January 4, 2022The company is due to report fourth-quarter and full-year results for 2021 in mid-February.
Updated: January 4, 2022
25-year veteran of Gorham Savings rises to become CFO
Updated: January 4, 2022Jane Stack was promoted to chief financial officer, reporting to President and CEO Steve deCastro.
Updated: January 4, 2022
In Portland, Mercy Hospital readies new emergency department amid staffing challenges
Updated: December 29, 2021Next week's opening of a new emergency department, at 175 Fore River Parkway, caps an $83 million campus consolidation project.
Updated: December 29, 2021
WEX adds to global C-suite with two senior hires
December 23, 2021Starting Jan. 3, Karen Stroup will serve as chief digital officer while Carlos Carriedo will be chief operating officer, international, overseeing WEX’s operations in Europe, the Middle East and Africa and Asia Pacific.
December 23, 2021
With wages going up, Maine businesses hurdle higher to hire
Updated: December 13, 2021Maine's minimum wage has been increasing, and Maine employers are increasing their own minimums. But attracting and retaining workers remains tough in the tight labor market.
Updated: December 13, 2021
Planting roots: Roux Institute shows early impact of aligning STEM education with jobs
Updated: December 13, 2021The Portland research and education hub, focused on growth areas such as artificial intelligence and life sciences, is less than two years old. Aiming to meet the needs of employers, the institute has multiplied its business partnerships five-fold.
Updated: December 13, 2021
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