PORTLAND, Maine (NEWS CENTER) -- We should expect Maine businesses to add 6-8,000 jobs in 2014 that will help the state get back to pre-recession levels.
That's what University of Southern Maine Professor Charlie Colgan is predicting this year in his annual economic forecast. At this month's "Breakfast with Charlie", Colgan said he's hopeful for steady growth in our state's economy. 2013 was the first year of four quarters of employment growth, which isn't terribly fast, but it's the best year we've seen since the recession. Professor Colgan says the country is still way behind in generating employment, which has an affect on everyone.
"And that has hugely hurt Maine because we follow the rest of the country," Colgan said. "So the fact that the US has an unemployment rate still above 7%, now four years into recovery, is immensely distressing and hugely harmful to Maine, because we need a much faster growing American economy to pull us along."
Tonight on 207, Charlie Colgan will be live discussing more details on his economic forecast.