Maine Unemployment Rate 5.1 Percent in March
By admin - Posted on April 21st, 2008
April 18, 2008 -- State Labor Commissioner Laura Fortman announced that the preliminary seasonally-adjusted March unemployment rate for Maine was 5.1 percent, equal to the national March rate of 5.1 percent.
“The Maine and national unemployment rates moved upward in March, both rising from 4.8 percent for February to 5.1 percent for March,” said Commissioner Fortman.
Sunrise at Portland Head Lighthouse, Maine: Photo by Ian Britton (CC)
“Labor market trends in Maine are mirroring national trends; unemployment is rising as economic activity slows.”
Between February and March, the number of seasonally-adjusted nonfarm wage and salary jobs was unchanged at 617,300. However, the number of jobs remained up 500 compared to March 2007. Over the year, the largest job gains were recorded in professional and business services, health care and social assistance; leisure and hospitality services; and retail trade. Job losses were registered in manufacturing, construction, and financial activities.
Other New England states reporting a seasonally-adjusted unemployment rate for March include New Hampshire, 3.9 percent; Massachusetts, 4.4 percent; Connecticut, 5.3 percent; and Rhode Island, 6.1 percent. The adjusted national rate for March was 5.1 percent, up from 4.8 percent for February and 4.4 percent for March 2007.
The not-seasonally-adjusted Maine unemployment rate for March was 5.8 percent, up from 5.7 percent for February and 5.1 percent for March 2007. The unadjusted national rate was 5.2 percent for March, unchanged from 5.2 percent for February and up from 4.5 percent for March 2007. Not-seasonally-adjusted March unemployment rates for Maine counties ranged from 4.1 percent for Cumberland County to 10.9 percent for Washington County.
Not-seasonally-adjusted nonfarm wage and salary jobs in Maine rose 2,200 between February and March to 599,300. The largest gains were recorded by accommodation and food services and local government.
Source: Maine Dept. of Labor
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