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|Articles - November 2011|
|Wednesday, October 19, 2011|
Page 3 of 10
In the big picture, Jurjevich says, regional restructuring of the economy, de-industrialization, and workers who can bring their intellectual capital wherever they choose, have “made people more footloose.” Technology and communications have fostered a “perceived reduction of distance” convincing more of them to work thousands of miles from home and still feel close.
Jurjevich’s PRC colleague, state data center coordinator Charles Rynerson, cautions that employment still has the upper hand. “Some people are lucky enough to bring their own jobs with them, but there’s a limit to that,” he says. “If the number of jobs created by employers declines, it’s unlikely for population growth to continue at the level it was at during times of expanding job opportunities” His point can be seen in the flow of net migration (in-migrants minus out-migrants) during the economic expansion and contractions of the last decade.
“It’s easy and quick to cut jobs during a recession,” says Nick Beleiciks, state employment economist of the Oregon Employment Department, “but population changes aren’t quick. 2006 was our fastest year of population growth as the economy added jobs. Those people stuck around as the economy cut jobs.”
While the state population grew 12% from 2000 to 2010, total employment fell 1.1%. On balance, about 250,000 people migrated to Oregon in those years, joining young native Oregonians entering the workforce. But employment fell about 18,000 in the same period. Compare this to the 1990s when the population grew 20.4% and employment rose 28.8%.
Beleiciks explains the jobs shortfall this way: “In 2000 we were at a high point in the business cycle and then 2010 is a low point in the business cycle. That will make the numbers look small.”
Thursday, May 29, 2014
BY JENNIFER MARGULIS
Don Gentry navigates Klamath Basin water rights.
Thursday, May 29, 2014
BY LINDA BAKER
Remember mood rings? A team of scientists at Oregon State University has designed what might be considered a 21st-century analog of the ’70s jewelry fad: a bracelet that reveals one’s exposure to pollutants.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Thursday, June 19, 2014
BY MONICA ENAND | GUEST CONTRIBUTOR
Nine tips for building habits among employees to respond when needed.
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.