Category Archives: Maine

Involuntary part-time work up during the recovery

PTE 2010 to 2014

There’s been a lot of discussion, criticism, and defense to Gov. Paul LePage’s economic record thus far.  One of the larger criticisms is that while the state’s unemployment rate continues to dip, as noted by some, Maine has the 5th highest rate of involuntary part-time work. (click images to enlarge) Unsurprisingly, that rate has increased since the […]

Just how low are wages in Maine? (w/ one update)

QCEW 2013

ON the back of Darren Fishell’s recent post on the BLS’s recently released wage data for 2013 for all counties in the U.S., below is a breakdown of average annual wages for all counties in New England.   As a state, Maine ranks 46th nationally, however, delving into the data reveals where Maine sits relative to its […]

State’s economy continues to improve, still plenty of slack in the labor market

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FROM the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for June 2014. In the past month, the indexes increased in 42 states, decreased in three, and remained stable in five, for a one-month diffusion index of 78. Over the past three months, the indexes increased […]

How do Maine’s Metro Areas do in attracting College Grads?

RAW 2012

WHILE the evidence of a skills gap in Maine remains questionable at best, the state does face longer-term structural problems regarding its aging population.  While the aging population is not the primary problem with the current state of Maine’s economy and labor market, these long-term problems cannot be ignored either.  In order to replace the […]

Is there a Skills Gap in Maine?

Flickr_MindTheGap_800px

AS noted previously, much has been made in Maine regarding twin structural problems in the state’s labor market and overall economy.  The first problem is that Maine’s shifting demographics are causing a labor shortage (or, some will argue, will within the next 6 years).  However, the concern over shifting demographics is a bit misplaced; at […]

Shenna, Susan, and Social Security

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DEMOCRATIC challenger Shenna Bellows earlier this week proposed to raise the payroll tax as a means to secure Social Security’s solvency.  From Christopher Cousins at the BDN: Bellows, who trails Collins — a popular incumbent seeking her fourth term — in both the polls and campaign fundraising, said she favors eliminating the payroll tax cap […]

How did the Skills Gap descend so quickly?

“The structure of a modern economy does not change that quickly. The demographic composition of the labor force, its educational breakdown and even the industrial mix did not differ much between 2007 and 2009.” -Edward Lazear WHILE doing some research on a post re: the skills gap in Maine, I came across something rather interesting.  […]