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|Monday, September 01, 2008|
The youngest boomers trail behind
Baby boomers are big news. Last year, the first boomer collected her first Social Security check. Many boomers are members of AARP and are forming a formidable voting bloc of “gray panthers.” Rich and retiring boomers have fueled Oregon’s condo building boom. The decline in their portfolios has been blamed for Oregon’s condo bust.
Not every boomer is retired, however. While the first boomers were basking in the Summer of Love, the last of the boomers were getting ready to enter kindergarten. When the military draft ended, the youngest boomer was 10 years old. Nearly a third of Oregon’s baby boomers are under 50 (about 284,000 people). They are earning more than they ever earned before. Many are also earning more than they ever will. On the other hand, they have yet to send their kids to college and have sizable home loans to pay off.
The average family income for a younger boomer with a college degree is more than $100,000. Curiously, Oregon’s college-educated boomers have family incomes that are approximately 18% lower than the U.S. average. The disparity is due in part to limited employment opportunities in high-paying jobs and lifestyle choices that trade leisure time for work. For example, many Oregon transplants have left the go-go rat races of New York and California to take up a lower-stress (and a lower-pay) lifestyle in the Northwest.
Tuesday, October 06, 2015
BY CHRIS NOBLE
As we worked on the October cover, it became evident that Nick Symmonds is a hard man to catch — even when he’s not hotfooting it around a track.
Wednesday, August 26, 2015
BY KIM MOORE AND LINDA BAKER
Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.
Tuesday, September 22, 2015
BY JASON NORRIS | CFA
On September 17, the much anticipated Fed decision was delivered and the equity markets haven't liked it.
Tuesday, August 18, 2015
BY 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.
Thursday, October 08, 2015
BY LINDA BAKER
In an era dominated by self-promotion and marketing speak, John Bradley, CEO of R&H Construction, is a breath of fresh air.
Tuesday, September 15, 2015
BY LINDA BAKER
The 2016 presidential election is shaping up to be the year of the outsider, with Bernie Sanders and Donald Trump capturing leads in the polls and the headlines. In Portland, Wheeler vs. Hales is bucking the outlier trend.
Thursday, September 24, 2015
BY KIM MOORE | RESEARCH EDITOR
The traditional model of sports teams using paid media to get their message across is disappearing as teams look instead to social media to interact with fans.
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