February 2009

University endowments decline

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.

Hospital jobs down, but sector steady

Planned layoffs by several Oregon health-care providers indicate that not even the state’s hospital workforce is immune to the weakened economy.

Good news for small papers

Newspapers.jpg

Oregon is dominated by small daily and weekly papers. While they haven't dodged the recession's wrath,  in today's declining newspaper market smaller is turning out to be better.

Economist Eric Fruits on Oregon’s jobless rate

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.

Even the A.G. is pushing for job creation

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 increase 67% in 2008

Business bankruptcies rose 67% in Oregon in 2008, as the growing financial crisis leaves businesses big and small struggling to stay afloat.

Mt. Bachelor attempts to win back skiers

MtBachelorSki.jpgIt was one of the most important days of the season for Mt. Bachelor Ski Resort, midway between Christmas and New Year's, and the conditions were not pretty.