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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.
Wednesday, July 02, 2014
BY 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.
Tuesday, July 08, 2014
BY 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.
Thursday, June 26, 2014
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Monday, June 16, 2014
The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Thursday, May 29, 2014
BY JONATHAN FROCHTZWAJG
For Far West Fibers, one of Oregon's largest and oldest mixed-recycling companies, garbage alchemy has long been big business.
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