maine unemployment rate april 2020

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maine unemployment rate april 2020grocery gateway promo code july 2020

Detailed information is available The unemployment rate is measured in a top down format. By early April, her job was eliminated permanently.It took Solomon, 32, six weeks to get benefits from the state’s “It was a grim conversation,” Solomon said.

Businesses and households didn’t respond to surveys and some people who are out of work were uncounted because they were not actively looking for jobs.“While this is the clearest picture to date, these are preliminary estimates that will be revised,” said Mark McInerney, director of the state Center for Workforce Research and Information.Maine lost 98,400 payroll jobs last month, according to survey data compiled by the U.S. Bureau of Labor Statistics and the state labor department.Kirsten Solomon’s job was one of the casualties.

Business dried up in mid-March at the wedding and event planning company where she was a sales manager. county/city) data.The term "benchmarked" (in the LAUS program) refers to forcing the monthly statewide model-based estimates to population controlled Current Population Survey annual average estimates. The "civilian labor force" excludes members of the armed forces and the institutionalized population.Unemployed persons are the number of people who are not employed but are actively seeking work. Included are those who are waiting to be called back from a lay off or are waiting to report to a new job within 30 days.The estimated labor force data is residence-based information while the covered employment data is establishment-based information.This workforce product was funded by a grant awarded by the U.S. Department of Labor’s Employment and Training Administration. But Maine and the U.S. have a long way to go to get the testing, tracing and isolation systems in place to address new cases and outbreaks before they become widespread, he added.“If we get hit again in the fall and winter, what that will do to consumer behavior and confidence will be really damaging,” Hillard said.Absent virus mitigation, it should fall on the federal government to use its massive borrowing power to keep the country on its feet in the meantime, he said. From this sample, state rates are determined along with the national rate. The state lost more than 98,000 jobs last month as the economic consequences of the coronavirus pandemic hit the state with full force. Maine’s estimated unemployment rate for April shot up to 10.6 percent as the economic devastation unleashed by the coronavirus pandemic washed over the state and the nation.The jump of 7.4 percentage points from March to April was the highest single-month increase since Maine adopted its current estimating methodology in 1976, the state Department of Labor said.The April jobs report is the first glimpse at how the state’s labor market has responded to the havoc caused by suppressed consumer demand and measures to limit the spread of the coronavirus.The unemployment situation’s full magnitude is obscured because the pandemic complicated data collection, state labor economists said. Hotels, restaurants and bars were some of the first businesses ordered to close in an effort to prevent the spread of the coronavirus.About 16 percent of manufacturing jobs were lost, 15 percent of jobs in retail, and 14 percent of jobs in health care and social assistance.None of Maine’s 16 counties has an unemployment rate below 10 percent, according to the April report. Newsletter. 09/06/2020 - The OECD unemployment rate increased by an unprecedented 2.9 percentage points in April 2020 to 8.4%, compared to 5.5% in March, reflecting the impact of Covid-19 containment measures. Cumberland County, the state’s most populous and the epicenter of its hospitality economy, shot up to an 11 percent unemployment rate. Key to that is direct financial support to local and state governments to keep services going, employees paid and more stimulus for the private sector.“The clear thing is that we need something on a large scale,” Hillard said.

That’s hard with businesses closed, people under stay-at-home orders and some expecting to return to their jobs when the crisis passes.“Many people didn’t feel safe; as a result we see a large number of respondents not counted as employed,” said McInerney, from the state research center. The number of unemployed people in the OECD area increased by 18.4 million to 55 million in April. Sales is important but not necessary to run an operation.”Losing a career that she spent 10 years working on hurts, and Solomon is considering going back to school for a graduate degree in nutrition.

Please Use the form below to reset your password. Maine’s biggest unemployment jump ever put jobless rate at nearly 11% in April. The unemployment rate in Maine peaked in April 2020 at 10.4% and is now 3.8 percentage points lower. On a monthly basis, a sample of households are surveyed on a nationwide basis. Please note the display name will appear on screen when you participate.Only subscribers are eligible to post comments.

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