Unemployment's toll on Portland's economy lessens

| Print |  Email
Must Reads
Friday, October 19, 2012

Unemployment is taking less of a toll on Portland's economy, but it still weighs on growth in Central Oregon, the Rogue Valley and Salem.

But the jobless rate is now a "minimal drag" in Portland, U of O economist Tim Duy said in a written statement about the monthly data. The metro area's jobless rate in August was 8.1 percent and has remained near that mark for much of the year.

The measures track a region's average growth rate since 1998. Portland and Eugene economies are now expanding at about that pace, while growth in Central Oregon, the Rogue Valley and Salem remains below the mark.

Read more at OregonLive.com.

{biztweet}unemployment{/biztweet}

 

More Articles

Tackling the CEO-worker pay gap

January-Powerbook 2015
Thursday, December 11, 2014
BY OREGON BUSINESS STAFF

An SEC rule targets the disparity between executive and employee compensation, reigniting a long-standing debate about corporate social responsibility.


Read more...

Imperial Palate

February 2015
Tuesday, January 27, 2015

Power Lunch at the Imperial.


Read more...

The Human Factor

February 2015
Monday, January 26, 2015
BY BRIAN LIBBY

Matt French opens up South Waterfront.


Read more...

Transportation Fairness Alliance holds demonstration in Pioneer Square

The Latest
Wednesday, January 14, 2015
IMG 3367BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Portland's cab companies urged city hall for consideration as officials weigh new rules for Uber and other ridesharing companies.


Read more...

Corner Office: Steve Tatone

January-Powerbook 2015
Saturday, December 13, 2014

Seven tidbits about the president and CEO of AKT Group.


Read more...

5 schools helping students crack code

The Latest
Thursday, January 29, 2015
codeduthumbnailBY JACOB PALMER | OB DIGITAL NEWS EDITOR

As the costs of college mount, and as employer demand for software developers soars, coding schools and classes are popping up everywhere.


Read more...

That's Not a Watch (This Is a Watch)

February 2015
Tuesday, January 27, 2015

Smartwatches are all the rage. But old-fashioned timepieces keep on ticking.


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