Sponsored by Forest Grove Economic Development
Home Archives December 2008 Holiday job outlook hurt by retail trimming

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

Community colleges and sustainability

Contributed Blogs
Thursday, July 31, 2014
sustainabilityBY MARY SPILDE | OB GUEST CONTRIBUTOR

Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.


Read more...

Green Endeavor cleans up

News
Wednesday, August 06, 2014
080614 ULnew greenendeavorBY LINDA BAKER | OB EDITOR

Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

Updated: Disrupting innovation

News
Tuesday, July 08, 2014
070814 thumb disputive-innovationBY LINDA BAKER  | OB EDITOR

The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation  — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment. 

Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.


Read more...

South Waterfront's revenge

News
Thursday, July 24, 2014
MoodyAveBY LINDA BAKER | OB EDITOR

Remember the naysayers?  Those who called the South Waterfront aerial tram a boondoggle?  Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?


Read more...

OB Video: Dress for Success

News
Wednesday, July 02, 2014
DFSOBY JESSICA RIDGWAY | OB WEB EDITOR

Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.


Read more...

Who said we should sell in May?

Contributed Blogs
Friday, July 18, 2014
BullMarketBY JASON NORRIS | OB GUEST CONTRIBUTOR

Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”


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