The endowments at the state’s three largest universities have suffered along with the rest of the economy. While that revenue is not a significant portion of their budgets, it’s still a stinger.
Planned layoffs by several Oregon health-care providers indicate that not even the state’s hospital workforce is immune to the weakened economy.
Oregon's unemployment rate is among the highest in the country and is heading toward double digits. If employment does not improve, one out of every 10 Oregonians will be looking for work by the middle of the year.
It's no surprise given the state's alarming employment trends that one can hardly throw a shoe these days without hitting a politician who claims to be creating jobs.
Business bankruptcies rose 67% in Oregon in 2008, as the growing financial crisis leaves businesses big and small struggling to stay afloat.
- Oregon turns 150 on Feb. 14
- Stocks that went up
- Health reform still plans Salem campaign
- Jobless fund steady despite rising claims
- Graphic: Western states' small-biz pay grows in '08
- Economy pummels King Ag
- Port of Astoria expansion stalls
- Commercial real estate hits lows
- Tactics: Hoffman Construction's work in progress
- Tea founder brews more startups
- Tax law changes will impact 2008 returns
- Deal Watch: Freightliner lands bittersweet military order
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