Mayor Adams says Portland's economic strategy working

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Monday, September 24, 2012

Mayor Sam Adams will report to the Portland City Council that the city's economic development strategy is working.

A report that Adams is scheduled to present to the council on Wednesday says that 15,000 new jobs have been created in Multnomah County since the strategy was adopted in 2009 — 50 percent more than the original goal of creating 10,000 new jobs by 2014.

The three-year status report also says the unemployment rate in Portland has dropped to 7.5 percent, which is below state and national averages.

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