Two new regarding information factors are illustrating the injury Maine’s financial system is feeling from the coronavirus pandemic.
A Maine Division of Labor evaluation printed on Dec. 30, exhibits the state suffered its worst share job loss relationship again by means of eight recessions to 1969.
In accordance one of many creator’s of the evaluation, Mark McInerney, director of Maine DOL’s Heart for Workforce Analysis and Data, 16% of Maine’s complete jobs have been misplaced between February and April of final 12 months, excluding farm jobs, gig financial system jobs and a few individuals who have been self-employed.
The outcome was 104,000 jobs, solely 56,000 of which have been recovered.
“The restoration has been slowing down considerably,” stated McInerney, explaining that Maine’s developments are “similar to what’s occurring nationally.”
He added that components contributing to the gradual restoration embrace quite a few small companies like eating places closing, companies downsizing employees as a result of they’ve diminished or modified providers and a big variety of folks leaving the workforce to deal with kids.
In the meantime, on the identical time these numbers are being launched, Maine’s meals banks are reporting “skyrocketing” demand.
In a Monday interview with NECN and NBC10 Boston, Erin Fogg, the Vice President of Advertising and marketing and Communications at Good Shepherd Meals Financial institution, stated that Maine’s “charge of meals insecurity is projected to go up by as a lot as 25%.”
“Earlier than the pandemic, there have been about 175,000 Mainers experiencing meals insecurity and that quantity might develop as excessive as 215,000,” Fogg stated.
One brilliant spot, in that statistic – donations from Mainers to assist get folks fed have gone up together with want.
“I’ve by no means seen want like this or a response of generosity like this,” stated Fogg, including that Maine has the best charge of starvation in New England.
Fogg stated Good Shepherd Meals Financial institution is now brainstorming methods to develop long-term options with a system that was not designed for the necessity it’s dealing with.