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|Articles - November 2011|
|Wednesday, October 19, 2011|
Page 4 of 10
In 2006, net migration was almost 43,000, the biggest surge of new residents in a decade. And in 2007, the state had 1.7 million employees, the most ever. By 2010, more than 130,000 jobs were lost and the flow of in-migrants slowed to a trickle. Net migration was just 6,344, the lowest level since 1986 when a net of more than 30,000 people fled another recession then afflicting the state.
Between 1979 and 1982, total employment plummeted 94,900 or 9%. Between 2007 and 2010, it dropped 131,400 or 7.6%.
“For Oregon the early ’80s recession was probably worse than the recession we just went through,” says Beleiciks. “What we ended up seeing was population loss during the early 1980s .”
The out-migration was so severe that natural increase (births minus deaths) couldn’t make up for losses and the total population declined those three years. No such loss has occurred in the wake of the recent recession, but 2009 and 2010 were the first years in more than 20 that in-migration contributed less to the population than natural increase. Still, net out-migration is unlikely in the near term since overall this year the unemployment rate is going down. “I would be very surprised if we had population decline in the near future,” says Rynerson. As for getting the jobs back, the state Office of Economic Analysis forecasts a return to 2007-level peak employment in 2014.
A sustained uptick in jobs would roll out the welcome mat to the young and restless people who make the cogs of the economy turn, starting families and businesses, patronizing local small businesses and revitalizing the workforce.
Most people migrate when they are in their late teens to mid-20s, says Jurjevich, “People are graduating from college, they’re entering the workforce, they’re going into the military and so jobs still remain the No. 1 reason why people move in those age groups.” Secondarily they might consider proximity to family and friends, climate, quality of life, cost of living, crime, schools and their attachment to where they grew up.
Wednesday, February 25, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Thursday, March 26, 2015
BY LINDA BAKER
Everyone knows cell phones and driving are a lethal combination. The risk is especially high for teenage drivers, whose delusions of immortality pose such a threat to us all. Enforcement alas, remains feeble; more promising are pedagogical approaches aimed at getting people to focus on the road, not their devices.
Friday, March 27, 2015
BY LINDA BAKER
Founded 12 years ago, Keen Inc. likes to push the envelope, starting with the debut of the “Newport” closed toe sandal in 2003. Since then, the company has opened a factory on Swan Island and a sleek new headquarters in the Pearl District. The brand’s newest offering, UNEEK, is a sandal made from two woven cords and not much more.
Thursday, March 19, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
There are 278 companies licensed to operate as brewery, according to the Oregon Liquor Control Commission. Here are three new beer-making hubs slated to open soon.
Friday, February 20, 2015
BY COURTNEY SHERWOOD | OB CONTRIBUTOR
Marijuana is big business in Oregon, and it’s about to get bigger.
Tuesday, February 24, 2015
BY LINDA BAKER | OB EDITOR
At Oregon State University, a 21st century version of the bad dream — nuclear terrorism — is alive and well. This winter, the Department of Nuclear Physics and Radiation Health Physics created a new interdisciplinary graduate emphasis in nuclear forensics, a Sherlock Holmes-sounding program that aims to identify how and where confiscated nuclear and radiological materials were created.
Friday, March 27, 2015
BY AMY MILSHTEIN
Damian Smith bets on changing himself — and Portland — through consulting.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.
Like the advent of the locomotive, the cloud creates business opportunities that simply weren’t possible before now. Get up to speed fast in May at an exciting cloud-empowered Portland event.
Registration is now open for Portland Business Alliance’s Annual Meeting, one of the largest business gatherings in Portland each year.