Sponsored by Oregon Business

Lane County slowly replacing lost jobs

| Print |  Email
Must Reads
Tuesday, February 21, 2012

Lane County's economy lost over 17,000 jobs in the past five years, but now is slowly beginning to get some of them back.

The [jobs] disappeared in three successive waves, starting with losses in construction and manufacturing when the recession first hit in 2008, followed by layoffs in retail and services, then by layoffs in local education.
Half of the jobs that have disappeared are in manufacturing. Some industries, such as Lane County’s luxury RV manufacturing, probably won’t ever regain their former strength, economists predict. Other industries, such as financial activities and leisure and hospitality, have added jobs in the past year, but very slowly, and have a long way to go to make up what they’ve lost since 2007.
Bill Conerly, an economist based in Lake Oswego and a member of The Register-Guard Board of Economists, forecasts that in time the jobs will return, and largely in the order in which they disappeared — except for construction, which will take longer to mend than in past recoveries, and wood products manufacturing, which he doesn’t expect to return for several years.

Read more at The Register-Guard.

{biztweet}lane county job{/biztweet}

 

 

More Articles

Thy neighbor's house

March 2015
Friday, February 20, 2015
BY LINDA BAKER | OB EDITOR

Vacasa may lack the name recognition of Airbnb. But not for long.


Read more...

100 Best: The Power of the Worker

March 2015
Wednesday, February 25, 2015
BY KIM MOORE | OB RESEARCH EDITOR
AND AMY MILSHTEIN | OB CONTRIBUTOR

Technology is empowering people like never before and transforming how employees interact in the workplace. How can companies attract and keep staff engaged in this rapidly changing world?


Read more...

Oregon Business expands events portfolio

The Latest
Friday, March 27, 2015
htctfacebookBY OB STAFF

New events series brings magazine to life.


Read more...

Car Talk

April 2015
Thursday, March 26, 2015
BY LINDA BAKER

Everyone knows cell phones and driving are a lethal combination. The risk is especially high for teenage drivers, whose delusions of immortality pose such a threat to us all. Enforcement alas, remains feeble; more promising are pedagogical approaches aimed at getting people to focus on the road, not their devices.


Read more...

Bike Chic: 7 stylish options for cyclists

April 2015
Thursday, March 26, 2015

Cycling to work is all the rage. But not everyone wants to arrive at the office messy, sweaty — and unfashionable.


Read more...

Beam Me Up

April 2015
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan

An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.


Read more...

6 development projects reshaping Bend

The Latest
Thursday, April 09, 2015
bendthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

Bend has reclaimed its prerecession title as one of the fastest growing cities in the country.


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