Home Back Issues October 2008 The new plastics

The new plastics

| Print |  Email
Archives - October 2008
Wednesday, October 01, 2008

STATEWIDE Each year more students graduate from Oregon colleges. But with the economy struggling and a glut of graduates, finding a job can be more difficult than any final exam.

“Students are going to struggle more this year than past years,” says Oregon Employment Economist Jessica Nelson. And they’re being hit with a double-whammy. While the most recent numbers show Oregon hovering around a 6% unemployment rate, the job market for recent graduates is becoming more competitive, Nelson says.  So where are the jobs for college grads?

“Accounting,” says Nelson. She chalks up the reasoning to the demand placed on businesses after the passage of the Sarbanes-Oxley Act, also known as the Public Company Accounting Reform and Investor Protection Act of 2002.

But it’s not an accounting job that a majority of University of Oregon graduates are after. “It’s government work,” says University of Oregon Career Center director Deb Chereck. “The Peace Corps and Teach for America have grown in demand exponentially over the last five years.”

Chereck thinks a combination of 2008 being an election year and the fact that more students are coming from a community service background may have something to do with the surge in those fields, as well as the increase in jobs from political campaigns.

Nelson says Oregon’s unemployment rate likely will remain high for the rest of this year, but job growth is predicted to return in the first quarter of 2009 and continue through 2010.                 

CHRIS MILLER



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

 

More Articles

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


Read more...

Podcast: Interview with Steve Balzac

Contributed Blogs
Tuesday, August 19, 2014

082014BalzacBY TOM COX | OB BLOGGER

Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."


Read more...

South Waterfront's revenge

News
Thursday, July 24, 2014
MoodyAveBY LINDA BAKER | OB EDITOR

Remember the naysayers?  Those who called the South Waterfront aerial tram a boondoggle?  Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?


Read more...

Private liberal arts education: superior outcomes, competitive price

Contributed Blogs
Tuesday, August 26, 2014
0826 thumb collegemoneyBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

Why has six years become an acceptable investment in public undergraduate education that over-promises and underperforms?


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

Two sides of the coin

Contributed Blogs
Monday, August 25, 2014
0825 thumb moneyBY JASON NORRIS | OB GUEST BLOGGER

Ferguson Wellman’s investment views on the economy and capital markets.


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