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|Wednesday, February 01, 2006|
By Brandon Sawyer
Oregon’s unemployment rate — a persistent sore spot for politicians and business groups — was the nation’s highest or second-highest state rate for 43 consecutive months (April 2001 to October 2004) according to Art Ayre, state employment economist. frictional, cyclical and structural. Ayre says all three have converged to drive up Oregon’s rate during and after the recession of 2001. The most common component, frictional, includes people who are attempting to change careers, who have recently moved to the state without a job, who live in isolated rural areas Lately, the rate has trended down toward what some economists have viewed as an “optimal rate,” about 5.5%. At 5.7% in December, it remains nearly a percentage point above the national rate of 4.9%. As of November, it is the eighth-highest rate among the 50 states and the District of Columbia. Economists identify three unemployment components — where job searches take longer and those who work in highly seasonal industries such as agriculture and food processing. The state has a relatively large proportion of people meeting such criteria. Oregon having the second-highest state-mandated minimum wage in the nation could also contribute to a frictional effect, both by drawing more job candidates and discouraging additional hiring. Cyclical unemployment may weigh heavy on Oregon because some of its major industries, such as wood products and other durable goods, expand and contract faster than others in response to economic shifts. The downturn in high-tech industries about fi ve years ago severely tarnished the state’s employment picture. High tech will probably not recover to where it was in the late ’90s, says Ayre, but it should remain flat over the next 10 years. However, select industries, such as software publishing, seem to be making a comeback. The fi nal component, structural unemployment, includes the loss of jobs to cheaper labor overseas and the automation of industries that previously provided steady jobs. Oregon suffered such structural changes in its timber industry during the early ’80s, and like much of the United States, it has lost a signifi cant number of manufacturing jobs during the past decade. Regulation of the fishing industry and the rise in electricity prices for aluminum plants has also displaced workers in the region.
How it’s calculated
The U.S. Census Bureau conducts the monthly Current Population Survey, which uses probability sampling to estimate national numbers of employed and unemployed persons. State-level data are combined with a time series model to produce state estimates. The survey categorizes respondents as follows:
Monday, June 22, 2015
The Clean Fuels/gas tax trade off will go down in history as another disjointed, on-again off-again approach to city and state lawmaking.
Friday, May 22, 2015
BY ANNIE ELLISON
Portland tech veteran Ben Berry is leaving his post as Portland’s chief technology officer for a full-time role producing unmanned aerial vehicles (UAVs) aimed at first responders and the military. Berry’s AirShip Technologies Group is poised to be on the ground floor of an industry that will supply drones to as many as 100,000 police, fire and emergency agencies nationwide. He reveals the plan for takeoff.
Thursday, June 25, 2015
An international architecture firm known for its design of the National September 11 Memorial Museum Pavilion in New York unveiled its plan this week for a modern indoor/outdoor food market at the foot of the Morrison Bridge in downtown Portland.
Friday, May 22, 2015
BY EMILY LIEDEL
Inside the topsy-turvy world of corporate sustainability rankings.
Friday, May 22, 2015
BY LINDA BAKER | EDITOR
Roy Kaufmann always lands on his feet.
Wednesday, June 03, 2015
As part of our green workplaces story, Oregon Business checked out a community service project undertaken by Portland Youth Builders, a nonprofit alternative high school. In partnership with Whole Foods, PYB built garden boxes for a Home Forward housing site. Home Forward is a government agency that provides housing for low income residents and people with disabilities.
Wednesday, May 27, 2015
PHOTOS BY JASON E. KAPLAN
Oregon Business celebrated the 100 Best Green Workplaces with an awards luncheon yesterday at the Nines Hotel in downtown Portland.
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Tonkon Torp helps seed sustainability at Gunderson.
Oregon-based Environments helps companies create inspired workspaces. “Simply put, we help companies future-proof their workspaces,” says Chris Corrado, president. Since 1988,Environments has witnessed firsthand the changing landscape of business. Native Portlander and Environments founder Corrado says, “We help our clients navigate the complex realities of the workplace today and plan for their future in a very mindful, strategic way. We think of ourselves as their partners in the process.”
One hundred years ago, the Willamette River might easily have been mistaken for a sewer. Unchecked industrial activity and decades of pollution made it unrecognizable compared to the clean river that now flows north for 187 miles from Eugene through the center of Portland.
Bend energy leader brings passion for efficiency and renewable energy to the nonprofit.
Event in Forest Grove marks recognition of Global Food Safety Initiative Certification.
Colette Young to lead staff at Southwest Portland branch.