"Capitol Update" piece on concern in the business community over a Maine Departm

Authors

Mal Leary

Source

Mainebiz

Date

2-16-2004

Pages

14-15

Abstract

"Capitol Update" piece on concern in the business community over a Maine Department of Labor memo projecting significant increases in unemployment taxes in the next two years, in order to keep the unemployment insurance trust fund at the levels required by law. The Legislature is also considering a measure that would eliminate the retirement offset provision of the unemployment program, which businesses say could trigger another tax increase by forcing the unemployment trust to make up the difference. With details, including information on Maine's sluggish job growth.

Subjects

Maine Department of Labor, Unemployment compensation insurance

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