Sponsored by Oregon Business

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

The Road to Reinvention

April 2015
Friday, March 27, 2015
BY AMY MILSHTEIN

Damian Smith bets on changing himself — and Portland — through consulting.


Read more...

Party Like It’s 1999

Contributed Blogs
Wednesday, February 25, 2015
pets-com-sock-puppetBY JASON NORRIS, CFA | OB GUEST BLOGGER

Pets.com, GeoCities, eToys, and WorldCom … blasts-from-the-past that all signify the late 1990s Internet bubble. Yet we believe the dynamics of the market, specifically in technology stocks, are much different today than it was during the late 1990s.


Read more...

Downtime with the executive director of Greater Portland Inc.

April 2015
Thursday, March 26, 2015

Janet LaBar, Executive director, Greater Portland Inc.


Read more...

Are wolves good for business?

Contributed Blogs
Friday, March 06, 2015
030615-wolf-thumbBY JEFF DELKIN | OP-ED CONTRIBUTOR

As a local business owner, I believe it’s important to build our economy on a platform of conservation values.  


Read more...

Meeting Facilities Perspective

March 2015
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR

A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.


Read more...

Downtown flower shop readies for the Valentine's Day rush

The Latest
Monday, February 09, 2015
021015-giffords-thumbBY MEGHAN NOLT

VIDEO: Gifford's Flowers brings family approach to PSU-area shop.


Read more...

4 winners and losers in the Kitzhaber scandal

The Latest
Thursday, February 12, 2015
021315-govorno-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Examining the governor's rapid fall from grace in a "bizarre" and "unprecedented" saga.


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