Jobless rate stalls

| Print |  Email
Must Reads
Tuesday, May 22, 2012

Portland-area job gains pushed the unemployment rate below 8% for the first time since November 2008, but the slight drop is within the margin of error.

Employers added 4,100 jobs last month, for a net gain of only 500 after accounting for March cuts.

"The ups and the downs, I guess I've learned to expect that," Portland-region economist Amy Vander Vliet said. "Especially in this recovery, where there's no strong apparent indicator of growth. We haven't built up any momentum yet."

In all, the Portland area has added 10,800 jobs between April 2011 and April 2012, pushing down the unemployment rate from 9.2 percent to 7.9 percent. It's the biggest drop of any region in the state, in part because of size, diversity and industry mix, Vander Vliet said.

Read more at OregonLive.com.

{biztweet}oregon unemployment{/biztweet}

 

More Articles

The Good Hacker

May 2015
Friday, April 24, 2015
BY CHRIS HIGGINS

As digital security breaches skyrocket, a cybersleuth everyman takes center stage.


Read more...

An uncertain future

Guest Blog
Thursday, May 21, 2015
norristhumbBY JASON NORRIS | GUEST BLOGGER

Uncertainty is a part of doing business, whether in through the lens of investment opportunities and risks or the business of running an enterprise.


Read more...

Beyond Bodegas

April 2015
Friday, March 27, 2015
BY JACOB PALMER

Five years in the making, the Portland Mercado — the city’s first Latino public market — will celebrate its grand opening April 11. A $3.5 million public-private partnership spearheaded by Hacienda CDC, the market will house 15 to 20 businesses in the food, retail and service sectors. It has some big-name funders, including the Paul G. Allen Family Foundation and JPMorgan Chase. The project goals are equally ambitious: to improve cross-cultural understanding, alleviate poverty and spur community economic development. 


Read more...

Knight Cancer Challenge No Biotech Dream

May 2015
Monday, April 27, 2015
BY JOE CORTRIGHT

The Knight challenge is an important instance of philanthropy. But we should not assume it will magically transform OHSU into a business- and job-spinning engine for the local economy.


Read more...

Celestial Eats

May 2015
Monday, April 27, 2015
BY JACOB PALMER AND EILEEN GARVIN

A power lunch at Solstice Wood Fire Cafe & Bar.


Read more...

3 trends in the garden business

The Latest
Thursday, April 30, 2015
gardenthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

Oregonians are scrambling to get their gardens in order for the summer. Here are three tips from landscaping and urban farming expert.


Read more...

5 questions for inDinero CEO Jessica Mah

The Latest
Tuesday, March 31, 2015
jessicathumbBY JACOB PALMER | DIGITAL NEWS EDITOR

inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.


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