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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.”
Tuesday, March 11, 2014
BY MARK BLAINE | OB BLOGGER
The publisher of the Emerald Media Group moves on, leaving a cutting edge media group that depends on business acumen for its survival.
Wednesday, April 23, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
Proposed regulations protect Portland’s strict zoning codes and hotel operators, but they may have an adverse effect on Airbnb’s business.
Thursday, March 20, 2014
BY JASON NORRIS | GUEST BLOGGER
I don’t think anyone can (or should) remember what it was like to get things done without the internet. This milestone in technology has certainly benefited brick-and-mortar companies and subsequently launched a new era of businesses.
Tuesday, February 25, 2014
Health care and vacations rule. That’s the consensus from our reader poll on workplace benefits that help retain and recruit employees.
Thursday, February 27, 2014
Our 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.
Tuesday, March 04, 2014
BY DEBRA RINGOLD | GUEST CONTRIBUTOR
How can we strengthen the performance of institutions charged with teaching what Francis Fukuyama calls the social virtues (reciprocity, moral obligation, duty toward community, and trust) necessary for successful markets and democracy itself?
Tuesday, April 08, 2014
BY HANNAH WALLACE | OB BLOGGER
It may be obvious, but most farmers don’t make a lot of money. According to preliminary data from the 2012 Agriculture Census, 52% of America’s 2.1 million principal farm-operators don’t call farming their primary occupation. Farm cooperatives may offer a solution.
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