|| Print ||
|Wednesday, June 17, 2009|
By now, you have no doubt heard that Oregon's jobless rate is the highest it's been since the state began stacking unemployment consistently in 1976. You may also have heard that the job losses in May weren't as bad as was expected, with surprising signs of life in construction (up 1,700 jobs over April) and leisure and hospitality (up 4,900 jobs over April). Does that mean we're on the verge of bouncing back?
Wouldn't it be pretty to think so. Construction and tourism are inherently seasonal, and summer has come to Oregon at last. It's nice to see the new hires, but how do the numbers compare to a year ago?
Not well. Oregon has lost 17,700 construction jobs and 5,900 tourism jobs over the past year. The only areas of gain over the past year have been government jobs, insurance, health care, private education and food manufacturing. Economic bedrocks such as manufacturing, professional services, retail and transportation have been hammered.
Which brings me back to my original quest. Who's going to pull us out of this slump? I'll stick with my core list of companies with potential, and add a few new up-and-comers such as the health care reformers running Wellpartner and the grant gurus at Cayuse. I'm also thrilled to point out that one of the businesses I spotlighted early, Brammo, recently scored a major coup by getting electric bikes into Best Buy stores. If these bikes sell, jobs will come to Ashland.
Do these pipsqueaks add up to the powerhouses Oregon has lost, the Willamettes and Hynixes and Freightliners?
Of course not. But give them time — and support.
|The Love Boat|
|The Food Pod Grows Up|
|The High Road|
|Tinker, Tailor, Portland Maker|
|The Shift to Community Health Care|
|The Harder They Fall|
|Another chapter to the Bezos/Musk space race story|
|Thanksgiving travel: Fuel costs low, terrorism anxiety high|
|Costco chicken salad linked to E. coli case in Washington|
|Nestle comes clean about benefitting from slave labor|
|Enormous drugmaker emerges from Pfizer, Allergan deal|
|Startups joining lobbying game|
|Merchants complain as Square goes public|
Economic diversity has proven a smart strategy for the Port of Hood River. How can other Oregon communities replicate the model?
Phone, Internet needs of small community school districts earn attention of top-five telecom provider.
Farmland LP grows its vision for organic farming in Oregon.
The Salem Convention Center has capped its tenth anniversary year by earning the prestigious “Best of the Best 2015” award from NW Meetings & Events magazine. Selected as the Best Convention/Conference Venue in Oregon by meeting and event planners from Alaska, British Columbia, Idaho, Oregon and Washington, the Salem Convention Center ranked above the Oregon Convention Center and the Portland Art Museum.
The Oregon Cooperative Hall of Fame honors individuals for their outstanding contributions to the successful building and operation of Oregon agricultural cooperatives.
Health insurer reports $10.2 million in net income after taxes through the first nine months of 2015.