Sponsored by George Fox University
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

The global challenge

News
Friday, June 27, 2014
062714 thumb globalmarketBY JASON NORRIS | OB BLOGGER

Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.


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...

Attack of the Robin Sages

Contributed Blogs
Monday, July 07, 2014
070714 thumb linkedinfakesBY TOM COX | OB BLOGGER

Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.


Read more...

Understanding Oregon medical marijuana dispensary tenants

News
Friday, June 13, 2014
061314 thumb grassrentBY CLIFF HOCKLEY | OB GUEST BLOGGER

This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.


Read more...

Why I became an Oregon angel investor

Guest Blog
Monday, July 14, 2014
AngelInvestBY TERRY "STARBUCKER" ST. MARIE

I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.


Read more...

13 West Coast seafood species now 'sustainable'

News
Tuesday, June 03, 2014

Fishing OrBiz Fishing 0357 ADOBErgbCiting the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.


Read more...

Creating a culture of compliance

Business tips
Thursday, June 19, 2014
DataBY MONICA ENAND | GUEST CONTRIBUTOR

Nine tips for building habits among employees to respond when needed.


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