Maine Unemployment Rate Drops to Lowest Level in 5 Years
Maine's unemployment rate has dropped to its the lowest level since 2008, thanks in part to a number of businesses that have created new jobs in the past few months.
The Maine Labor Department reports the state's jobless rate was 6.4 percent in November, down from 7.2 percent in November 2012.
Governor Paul LePage said, "We have been working hard for three years to improve the business climate in Maine so our companies can do what they do best: create jobs."
"We have reduced taxes, cut red tape, streamlined regulations and made fiscally responsible decisions to right-size government. All of these factors make Maine more competitive in attracting and retaining jobs," LePage said.
The number of unemployed people in Maine has fallen by 5,400 from this time last year, according to the federal Bureau of Labor Statistics.
The Governor highlighted the world-class companies that have created jobs in Maine over the past few months, including Barclaycards, Irving Forest Products, Ameridial, Eimskip, Tempus Jets, Maine Wood Products, Molnlycke Health Care and many others.
Louisiana-Pacific has also announced this week that it plans to add 20 more jobs early next year at its building products plant in New Limerick. This follows the hiring of more than 40 new workers in 2013 at the southern Aroostook plant.