Maine’s unemployment rate continued to fall in May, to 6.8 percent, the lowest rate since November 2008, according to a U.S. Department of Labor report issued Friday.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, News
Maine jobless rate hits 4½-year low
Unemployment rates across the state range from 5.5 percent in Cumberland County to 10.1 percent in Washington County.
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Posted inBusiness, News
Bath finds financial boon in $2.8 billion destroyer contract
Business owners and residents in Bath say a $2.8 billion Navy contract awarded to Bath Iron Works on Monday means not only job security for BIW workers but a residual economic benefit for local businesses.
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Turbine generates global recognition
A high school club in Rockport earns one of seven finalist spots in the Volvo Adventure Awards.
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Rainy weather may keep holiday traffic down this weekend
The forecast for a cool, rainy Memorial Day weekend may keep the traffic lower than normal for the start of Maine’s summer tourism season.
Posted inBusiness, News
L.L. Bean’s chairman hangs up his boots
Leon Gorman, 78, steps down after a long tenure of success and is replaced by his nephew Shawn, 47.
Posted inBusiness, News
Maine’s unemployment rate reaches four-year low
Maine’s unemployment rate dipped under 7 percent in April, the first time it has done that since December 2008.
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L.L. Bean satisfied with Bangladesh factory safety; says operation there ‘insignificant’
L.L. Bean said this week it will not join sign a contract to make factory conditions safer in Bangladesh, a company representative said Wednesday.
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LePage defends his school-grading system
Gov. Paul LePage covered topics including Maine’s new school-grading system, the state’s multimillion-dollar debt to its hospitals and his likely re-election bid in a speech Wednesday to about 350 people from Greater Portland’s business community.
Posted inBusiness, News, Politics
Over eggs, LePage talks debt and schools
Maine’s hospital obligation and the school-grading system dominate the menu for a breakfast discussion.