Home Back Issues December 2008 Holiday job outlook hurt by retail trimming

Holiday job outlook hurt by retail trimming

| Print |  Email
Archives - December 2008
Monday, December 01, 2008

Oregon’s retail trade employment in August 2008 was below the year-ago level by 2,100 jobs, the first over-the-year loss since December 2003. The loss grew to 3,200 in September. With the onset of recession, consumers are cutting spending and retailers are cutting jobs. Notably, motor vehicle and parts dealers lost 2,600 jobs over the past year, mostly at automobile dealers. Overall, September U.S. retail sales were down 1% from the prior year and auto sales were down 20%. In recent years, Oregon’s average holiday seasonal increase in retail jobs was about 5% of total retail employment. In 2007, it was less than 4%, about 7,000 jobs. With a recession and reduced consumer spending, we can expect even fewer seasonal jobs this year, leaving some low-wage workers out in the cold. Generally, retail trade provides more than 20,000 low-wage jobs in Oregon. Many of these workers will be getting a raise, as the state’s minimum wage will rise from $7.95 per hour to $8.40 on January 1, 2009.

MIKE MEYERS
WorkSource Oregon Employment economist
1208OED1 1208OED2
www.qualityinfo.org


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Knight Vision

October 2014
Thursday, September 25, 2014
BY VIVIAN MCINERNY

Travis Knight wants to release a movie a year. Can he pull it off?


Read more...

Report Card

September 2014
Tuesday, August 26, 2014

Strong public schools shore up the economy, survey respondents say. But local schools demonstrate lackluster performance.


Read more...

Downtime

September 2014
Wednesday, August 27, 2014
BY JESSICA RIDGWAY

How State Representative Julie Parrish (House District 37) balances life between work and play.


Read more...

Books Rule

October 2014
Thursday, September 25, 2014
BY JON BELL

Powell's stays relevant in the digital age.


Read more...

Tight and Loose

September 2014
Wednesday, August 27, 2014
BY JENNIFER MARGULIS

As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.


Read more...

Shipping News

September 2014
Tuesday, August 26, 2014
BY JENNIFER MARGULIS

In 2012 The Dalles, a city of some 14,400 located 75 miles east of Portland and often seen as the poor cousin to adjacent Hood River, completed a massive project to revitalize its dock.


Read more...

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS