The number of 14- and 15-year-olds getting work permits is on track to set a new record this year as a new cohort of young Mainers rush to fill gaps in the state’s workforce.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Central Maine business briefs: Kennebec Valley YMCA welcomes new board members
People & Places: UMF names new Farmington athletics director.
Gas prices decline, but experts unsure if the trend will continue
The average price of regular gasoline in Maine is down 32 cents a gallon from its June peak, with York County reporting the lowest countywide average.
Kenney Awards return to live event on the Kennebec River
Realtor Johnny Swan was named 2022 Cynergy Professional, and Elliott Office Products won the chamber’s 2022 President’s Circle Award during the Kennebec Valley Chamber of Commerce event Friday at Mill Park in Augusta.
Starbucks workers in Biddeford vote to unionize
The Biddeford location becomes the first in Maine to join Starbucks Workers United.
Biden intervenes in railroad contract fight to block strike
Any prolonged rail strike could cripple the supply chain that has been slowly recovering from the backlogs and delays that became common during the pandemic.
In effort to retain workers, Waterville-based Day’s Jewelers to lock its doors on Sundays
The employee-owned jeweler has operated seven days a week for decades, but a survey of workers found they were struggling with finding a balance between their professional and personal lives.
Stocks end higher on Wall Street, still down for the week
Inflation and its impact on businesses and consumers remains a key focus for investors.
Retail sales up 1% in June, easing fears of a recession
The figures show that consumers are still providing crucial support for the economy and spending on such discretionary items as furniture, restaurant meals and sporting goods.
G-20 finance leaders in Bali to tackle Ukraine, inflation
U.S. Treasury Secretary Janet Yellen called for the G-20 to take action to fight food insecurity as millions go hungry due to soaring costs for food and other necessities.