Maine Job Creation from the Expansion or Contraction of Establishments
June 22, 2010Author: J. Scott Moody
Source: Maine Business InsideOut
Every year in Maine, existing establishments expand their operations while others contract their operations. In the process, the employees of these establishments must make the transition from their old employer to a new employer. Some may end up working within the same industry or region, others will have to retrain and/or relocate. Understanding this dynamic process relating to the expansion and contraction of establishments and their associated jobs is vital to ensuring public policy aids rather than hinders job creation.
