W W W. M A I N E B I Z . B I Z 9 M AY 5 , 2 0 2 5
F O C U S B U S I N E S S S U C C E S S I O N A N D T R A N S I T I O N
For the life you choose.
1.888.725.2207 norwaysavings.bank/lets-talk M E M B E R F D I C
Business banking
that starts with
you.
Mark Bancroft
Bancroft Contracting Corporation
South Paris, ME
Family owned for over 45 years
At Norway Savings Bank, business banking is more than
lending and deposits. It transcends the transaction, becoming
truly engaged in your business and success. Whether it's in the
form of a loan or line of credit, programs that help you manage
payment processing and cybersecurity, or just being there to
listen and help answer questions—if it's important to you,
it's important to us.
A new study by Seniorly shows Maine is
the No. 24 best state for older workers
B y m a i n e b i z s t a f f
A
record 11.2 million seniors are still working,
and 14.8 million seniors are projected to be
in the workforce by 2033.
As health care and living costs continue to rise,
a growing number of seniors cannot afford to retire,
while others opt to work, encouraged by better
health, longevity and the flexibility of remote work,
the website reported.
How Maine stacks up
Among the key findings, Maine has the country's
lowest rate of age-related workplace discrimination
(10 complaints per 100,000 eligible workers, No.
1), 17.4% of older employees working from home
(No. 17) and 30.8% of seniors in the labor force
(tied for 22nd).
Seniorly studied data from the Bureau of Labor
Statistics, Census Bureau and Federation of Tax
Administrators. It looked at median income, income
tax, remote work, labor force participation, business
growth rate and age-related workplace discrimination.
The 10 best states for
older workers are:
1. Washington
2. New Hampshire
3. Alaska
4. Maryland
5. Colorado
6. Connecticut
7. Massachusetts
8. South Dakota
9. Utah
10. Vermont
#1
#51
