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

Storyteller in Chief: Natural Prophets

July/August 2015
Monday, July 13, 2015
BY SAM BLACKMAN

Storyteller-in-chief with the CEO and co-founder of Elemental Technologies.


Read more...

Loose Talk

July/August 2015
Friday, July 10, 2015
BY AMY MILSHTEIN

When gossip crosses the line.


Read more...

Flattery with Numbers

July/August 2015
Friday, July 10, 2015
BY JOE CORTRIGHT

The false promise of economic impact statements.


Read more...

Urban renewer

Linda Baker
Wednesday, June 24, 2015
UnknownBY LINDA BAKER   

One year after he was appointed chair of the Portland Development Commission, Tom Kelly talks about PDC's longevity, Neil Kelly's comeback and his new role as Portlandia's landlord.


Read more...

Fixing Oregon’s broken roads

The Latest
Tuesday, June 09, 2015
RUCCostComparison rev4-30BY KIM MOORE | RESEARCH EDITOR

The technology at the center of Oregon’s road usage fee reform.


Read more...

Department of Self-Promotion

Linda Baker
Wednesday, June 17, 2015

061715-awards1Oregon Business wins journalism awards.


Read more...

Farm in a Box

July/August 2015
Friday, July 10, 2015
BY JACOB PALMER

Most of the food Americans consume is trucked in from hundreds of miles away. Eric Wilson, co-founder and CEO of Gro-volution, wants to change that. So this past spring, the Air Force veteran and former greenhouse manager started work on an alternative farming system he claims is more efficient than conventional agriculture, and also shortens the distance between the consumer and the farm.


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