Maine jobless rate stays at a historic low as more look for work | Bangor Daily News

Dashboard of unemployment

Maine’s jobless rate remained below 4 percent in July, marking the second longest period at that level in more than four decades.

The Maine Department of Labor reported the preliminary estimate of Maine’s unemployment rate was 3.7 percent in July, up slightly from June and down from 4 percent one year earlier.

The slight uptick in Maine’s unemployment rate comes from a new diversion in the estimate of people looking for work and those with jobs, changes that could be due to the way those estimates are made and adjusted.

The latest figures estimate a dip in the number of employed people, while the estimate of the people looking for work has continued to grow. The unemployment rate is the share of those active job seekers who haven’t found work.

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