Midday Follow-Through
I know I said earlier that I was signing off for the weekend but I wanted to give some quick updates on things I hit this week:
Unemployment
OK, this is new but still worth an afternoon post. The state reported that Maine's jobless rate edged up in December to 5.1 percent. Considering BIW just announced 70 layoffs, January probably isn't going to get much better.
But Amtrak to keep working
Amtrak and the nine unions representing its workers announced a tentative agreement well before the Jan. 20 strike deadline.
Feel stimulated yet?
President Bush announced some tax measures that would put as much as $150 billion into the economy. Bush didn't get into specifics but he wants to put the money in the hands of consumers - which probably means tax rebate checks. After the spending is over, the hope is that 500,000 jobs are created.
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