Home Must Reads Lane County slowly replacing lost jobs

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

OB Poll: Wineries and groceries

News
Friday, October 24, 2014

24-winethumbA majority of respondents agreed: Local vineyards should remain Oregon-owned and quality is the most important factor when determining where to eat or buy groceries.


Read more...

A Recipe for Success

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Two businesswomen, two iconic food brands and one food-obsessed city. We thought this sounded like a recipe for good conversation. So in late August, Oregon Business sat down with Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, to discuss their rapidly expanding businesses and Oregon’s trendsetting food scene.


Read more...

Downtime

November/December 2014
Wednesday, October 22, 2014
BY JESSICA RIDGWAY

Bob Dethlefs, CEO of Evanta, balances work and play.


Read more...

October surprise

News
Sunday, October 12, 2014
roundup-logo-thumb-14BY LINDA BAKER

Cylvia Hayes, tabloid vs. watchdog journalism and the looming threat of a Cascadia earthquake.


Read more...

A Complex Portrait: Immigration, Jobs and the Economy

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE & KIM MOORE

Oregon Business reports on the visa squeeze, the skills gap and foreign-born residents who are revitalizing rural Oregon.


Read more...

College Conundrum

October 2014
Thursday, September 25, 2014
BY KIM MOORE

University and college tuition fees have been rising for more than a decade, while state funds for higher education have steadily declined.


Read more...

Fly Zone

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

The black soldier fly’s larvae are among the most ravenous and least picky eaters on earth.


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