The unemployment price in Maine has fallen to its lowest level in two years.
The Maine Division of Labor stated Friday that the unemployment price fell to three.6 p.c in March. It’s the lowest price since March 2020 when the speed fell to 2.7 p.c earlier than the coronavirus pandemic.
The next month in April 2020, the unemployment price skyrocketed to 9.1 p.c earlier than making a gradual decline.
The speed in February was 4.0 p.c. The common price within the final three months was 3.9 p.c, the division stated.
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Maine jobs knowledge
As Maine faces ongoing financial challenges, we’ve compiled the most recent knowledge on Maine jobs.
The labor division stated the variety of nonfarm jobs elevated by 3,600 in March. Complete nonfarm wage and wage jobs additionally elevated by 3,600 to 638,700 in whole. The biggest job positive factors had been in skilled and enterprise providers, retail commerce, and healthcare and social help, the division stated.
The unemployment price for New England as an entire was 4.0 p.c for December. It was 3.6 p.c nationwide. Each had been down from 4.3 p.c and three.9 p.c, respectively.