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Latest Business Updates

Wednesday, April 29, 2020

Most unemployed Mainers don’t receive benefits. The coronavirus highlighted their plight.


Maine’s workforce is unique because of a reliance on temporary and seasonal workers who might not have earned enough to qualify for benefits and the prevalence of independent contractors.
 

2 bankrupt Maine hospitals warn they could close in June if they don’t receive stimulus funds


Two bankrupt Maine hospitals have warned that they could both have to close their doors by the end of June if they don’t receive funding through a federal loan program meant to help small businesses keep their staff employed through the coronavirus crisis.
 

Maine small businesses with federal loans face hard decisions on what to do next


The forgivable federal loans aimed at helping businesses stay afloat and pay their employees have unexpectedly caused a conundrum for some owners who are holding off on rehiring workers and others who are considering giving back all or part of the money.
 

Read the timeline for reopening Maine’s economy


Gov. Janet Mills' timeline for reopening Maine's economy includes four distinct stages, as outlined here.
 

After delay, Maine says self-employed workers can file for unemployment on Friday


Self-employed workers and independent contractors will be able to apply for federally funded unemployment benefits starting on Friday, the Maine Department of Labor announced on Tuesday.
 

CLASSIFIEDS

QUALITY, BUILDABLE LAND EDDINGTON
Chemo Pond 3 Rd., Lot 28, 7.4 acres; buildable land mins. to Bgr/Ells; snowmbl/atv trails; nearby water; $59,000; Kelley & Wally Fenlason, 207-949-7376. Realty of Maine.
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EAST MACHIAS MLS#1282261
Covenants protect investment. Rd front, rights to common lot. Near Gardner Lake. Great opp. Survey says 8.97ac. lot. $26,500 Sunrise Realty, Anita Johnson,
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HAMPDEN MLS#1413707
4 BR/2 BA 1918 farmhouse on 1.2 acs. Spacious fam. rm., huge backyard, 2-car att. gar. & front porch. $169,000 Jean Jenkins, Vacationland Realty, VacationlandRealtyMaine.com
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DEDHAM
Lot # 1 Hillside Dr. Conv. loc. minutes from 1A. Subdivision lot., Elec. at St., septic test avail. Walking trails abound & Lucerne Beach Club nearby. $25,000
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COUNTRY LIVING IN MILO RANCH
3 BR/1.5 BA W/2-car attach gar Deck & nice yard. Big basement. 1-car detach gar & shed w/gen. Near Schoodic & Ebeemee Lakes & KI. Trails nearby. Anne Bailey, DeWitt-Jones Realty, 207-943-3163
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