February 2009

University endowments decline

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Archives - February 2009
Sunday, February 01, 2009
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

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Archives - February 2009
Sunday, February 01, 2009
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

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Archives - February 2009
Sunday, February 01, 2009

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

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Archives - February 2009
Sunday, February 01, 2009
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

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Archives - February 2009
Sunday, February 01, 2009
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

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Archives - February 2009
Sunday, February 01, 2009
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

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Archives - February 2009
Sunday, February 01, 2009
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.
 
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The entrepreneurial spirit was alive and well at the Oregon Angel showcase, an annual event for angel investors and early stage entrepreneurs.


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Oregon already ranks as the nation’s second largest generator of hydroelectric power. (Washington is No. 1). Now an elegant new installation in Portland is putting an unconventional, sharing economy twist on this age-old water-energy pairing. The new system, launched this winter, uses the flow of water inside city water pipes to spin four turbines that produce electricity for Portland General Electric customers. 


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