Oregon's economic recovery slows

| Print |  Email
Must Reads
Wednesday, March 21, 2012

Oregon employers hired less workers than usual in February, slowing the state's rocky economic recovery.

On a seasonally adjusted basis, the state actually shed more than 6,000 jobs in the month, while the unemployment rate stayed at 8.8 percent -- 13th highest in the nation. Construction and retailing contributed greatly to the losses.
Normally in February, Oregon employers would add about 13,000 to payrolls, according to the Employment Department's statistics. Overall, they added only about half that amount. The result, on a seasonally adjusted basis, is a loss of 6,400 jobs. "The large losses were surprising," said the state's labor economist, Nick Beleiciks.

Read more at KGW.

{biztweet}oregon economy{/biztweet}

 

 

More Articles

Loose Talk

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

When gossip crosses the line.


Read more...

Apartment Mania

Guest Blog
Thursday, June 18, 2015
4805983977 11466ce1d6 zBY BRAD HOULE | CFA

While most categories of commercial real estate have performed well, one of the most robust has been apartment buildings.


Read more...

Portland’s long-distance bike commuters

The Latest
Wednesday, July 29, 2015
Matt KellyresizethumbBY KIM MOORE | RESEARCH EDITOR

Pushing the extreme.


Read more...

Photo Log: Waterfront Blues Festival

The Latest
Thursday, July 09, 2015
bluesfestthumbBY JASON E. KAPLAN | STAFF PHOTOGRAPHER

The sweltering weather didn't keep the crowds away. Although the numbers were down slightly from last year, the Oregon Food Bank raised $850,636 to fight hunger.  About 80,000 people attended despite temperatures in the upper 90s.


Read more...

House of Clarity

July/August 2015
Monday, July 13, 2015
BY JACOB PALMER

Holding a Power Lunch at Veritable Quandary in downtown Portland.


Read more...

Balancing Act

July/August 2015
Friday, July 10, 2015
BY DAN COOK

The Affordable Care Act has triggered a rush on health care plan redesign, a process fraught with hidden costs and consequences.


Read more...

Fueling Up for the Climb

July/August 2015
Friday, July 10, 2015
BY GREGG MORRIS

Rita Hansen aims to scale natural gas vehicle innovation.


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