Holiday job outlook hurt by retail trimming

| Print |  Email
Monday, December 01, 2008

Oregon’s retail trade employment in August 2008 was below the year-ago level by 2,100 jobs, the first over-the-year loss since December 2003. The loss grew to 3,200 in September. With the onset of recession, consumers are cutting spending and retailers are cutting jobs. Notably, motor vehicle and parts dealers lost 2,600 jobs over the past year, mostly at automobile dealers. Overall, September U.S. retail sales were down 1% from the prior year and auto sales were down 20%. In recent years, Oregon’s average holiday seasonal increase in retail jobs was about 5% of total retail employment. In 2007, it was less than 4%, about 7,000 jobs. With a recession and reduced consumer spending, we can expect even fewer seasonal jobs this year, leaving some low-wage workers out in the cold. Generally, retail trade provides more than 20,000 low-wage jobs in Oregon. Many of these workers will be getting a raise, as the state’s minimum wage will rise from $7.95 per hour to $8.40 on January 1, 2009.

MIKE MEYERS
WorkSource Oregon Employment economist
1208OED1 1208OED2
www.qualityinfo.org


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Big Trouble in China?

Guest Blog
Tuesday, August 18, 2015
0818-wellmanthumbBY JASON NORRIS | CFA

Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.


Read more...

Downtime with Debra Ringold

July/August 2015
Monday, July 13, 2015
BY JACOB PALMER

Dean of the Atkinson Graduate School of Management, Willamette University


Read more...

Photo log: Murray's Pharmacy

The Latest
Friday, July 17, 2015
OBM-Heppner-Kaplan thumbBY JASON KAPLAN

Photographer Jason Kaplan takes a look at Murray's Pharmacy in Heppner.  The family owned business is run by John and Ann Murray, who were featured in our July/August cover story: 10 Innovators in Rural Health Care.


Read more...

Quake as metaphor

Linda Baker
Tuesday, July 14, 2015
071515-earthquakia-thumbBY LINDA BAKER

The Big One serves as an allegory for Portland, a city that earns plaudits for lifestyle and amenities but whose infrastructure is, literally, crumbling.


Read more...

Reader Input: Fair Play

May 2015
Wednesday, July 15, 2015

Former Governor John Kitzhaber's resignation in February prompted some soul searching in this state about ethical behavior in industry and government.


Read more...

Reader Input: Road Work

March 2015
Wednesday, July 15, 2015

Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.


Read more...

Car be gone

Linda Baker
Thursday, August 06, 2015
070615car2goblogthumbBY LINDA BAKER

Car and ride sharing services have taken urban areas by storm. Low-income and suburban communities are left at the curb.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS